The base currency – GBP. The counter currency – JPY. The GBP/JPY chart represents the relationship between the UK Pound and the Japanese Yen. Both GBP and JPY are major currencies within the global Forex market. The cross pair has got a fiery nickname ‘dragon’ and is renowned for its inherent volatility. That is, the GBP/JPY rate tends to fluctuate dramatically, relating the economic relation between Western Europe and the Asia-Pacific region. Browse the latest Forex GBP/JPY chart in real time with Capital.com and stay tuned to the sterling-yen correlation.