British Pound / Japanese Yen GBPJPY

 
     
 
     
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GBPJPY Forex Chart

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GBP JPY (British Pound / Japanese Yen Spot)

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 it’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.

Related Symbols

JPYGBP
JAPANESE YEN / BRITISH POUND
 
   
UR1!
BRITISH POUND/JAPANESE YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
 
   
SY1!
B-POUND/YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
 
   

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