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Forex
GBPUSD
Great Britain Pound vs US Dollar. Wider ranges than EURUSD and a noticeably wider spread. It rewards trend approaches and punishes tight stops, because the normal noise on a five-minute chart is larger than most beginners expect.
0.4 – 1.2 pipsTypical spread
1:500Max leverage
0.01Min lot
100,000 GBPContract size
Specification
The numbers that decide your risk
| Category | Forex |
|---|---|
| Contract size | 100,000 GBP |
| Digits | 5 (1 pip = 0.0001) |
| Value per point | $10.00 per lot per pip |
| Minimum volume | 0.01 lots |
| Maximum volume | 100 lots |
| Typical spread | 0.4 – 1.2 pips |
| Maximum leverage | 1:500 |
| Trading hours (server) | 00:00 – 23:59 (Mon–Fri) |
| Swap long (per lot) | -8.90 |
| Swap short (per lot) | +2.40 |
Typical values recorded under normal market conditions on a Standard account. Live figures on your account may differ — check the contract specification in your terminal before sizing a position.
Before you trade it
Three things specific to this instrument
- Bank of England decisions and UK inflation move it more than US data does.
- The London open at 08:00 UK time is where most of its daily range starts.
- Spread widens sharply into the New York close.
Try it on a demo first
Same spread, same execution, no money at risk while you learn how it moves.