Full trading conditions >>
|Product Type: Currencies||Market: Global|
|Trading Hours: 24 hours, Mon-Fri.|
GBP/JPY is a heavily-traded cross currency of two of the world’s most popular currencies – the British pound Sterling (GBP) – the world's 4th most popularly traded currency and 3rd most commonly held reserve, against the Japanese yen (JPY) – the world's 3rd most traded currency, after the US dollar and the euro. Japan and the United Kingdom’s economies are among the strongest and largest in the world. Both are considered international spheres of political and economic influence, and both rely heavily on trade. GBP/JPY represents the amount of yens needed to buy 1 pound. It is an extremely volatile currency cross, and its intraday exchange rate movements can often change up to 100, 200 and even 300 points.