GBPJPY

Great Britain Pound vs Japanese Yen

Forex spot

-1.04%

Low - High

149.178 - 151.134

Spread

Swap Long

-3.6

Swap Short

-5.55

Margin Req.

0.2%

Trading Size

0.01 - 1000

Contract Size

100000

Leverage Up To

1:3000

3-Day SWAPs

Wednesday

GBP JPY Chart

Commission per lot (single side)

CLASSIC $0 PRO $3 VIP $1.5

Open	Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:59-00:05

GBP JPY

About

GBPJPY

The GBP/JPY is the representation of the amount of Japanese Yen (JPY) that can be purchased for one British pound (GBP). Nicknamed the "dragon" or "widow-maker," the pair is known for its high risk, volatility and periodic wide trading ranges. The GBPJPY traits make it popular among scalpers and day traders looking for volatility, huge movements and some thrill in their trading. The best time to trade the pair though is during the Asian trading session, towards the end of the UK session. Since the JPY is a low yielding currency favorable for carry trades and the UK represents the world's largest financial center, the pair can be used as a proxy for global economic health. The pair is ideal for market 'risk-off' moves during times of market turmoil as the carry trade can get reversed regardless of the trading session in question.

Open Demo Account Open Live Account

MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

Home » Instruments » Forex Spot – Minor Pairs » GBPJPY – Great Britain Pound vs Japanese Yen

RISK WARNING: Our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our Risk Warning ‘Risk Disclosures for Financial Instruments & Investment Services’.

LICENCES AND AUTHORISATIONS

TTCM Traders Capital Limited (herein "TTCM BM" or "Traders Trust") is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda.

The websites www.traders-trust.com are operated by TTCM BM.

RESTRICTED REGIONS: The information on this website is not directed on residents of certain jurisdictions/countries including but not limited to Australia, New Zealand, Canada, Iran, Iraq, North Korea, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao People’s Democratic Republic, Uganda, Yemen, Venezuela and Puerto Rico or to any jurisdiction where such distribution would be contrary to local laws and regulations.