Pip Value Calculator

GBPJPY PIP Value 

1 Standard Lot = Pip value of 1 standard lot of GBPJPY =JP¥1,000 

1 Mini Lot=JP¥100 

1 Micro Lot=JP¥10

 Therefore, 1 Pip size of GBPJPY is 0.01. meaning, if GBPJPY price is 151.27, the 7 represents 7 pips.