British Pound / Japanese Yen

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Key data points

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Volume
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Previous close
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Open
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Day's range
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About British Pound / Japanese Yen

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The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because itโ€™s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
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Same but different, see more forex pairs built around GBPJPY.

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Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions

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The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers โ€” choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts โ€” just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.