CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

Trade British Pound / Japanese Yen CFD

189.492
0.66%
Market Trading Hours* (UTC) Open now
Closes on Thursday at 21:59

Mon - Thu: 00:00 - 21:59 22:05 - 00:00

Fri: 00:00 - 21:59

Sun: 22:00 - 00:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.031
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee 0.011614 %
Charges from full value of position ($58.07)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
0.011614%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.019834 %
Charges from full value of position ($-99.17)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.019834%
Overnight fee time 22:00 (UTC)
Min traded quantity 1000
Currency JPY
Margin 0.2%
Commission on trade 0%

*Information provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Feb 29, 2024 189.694 -1.054 -0.55% 190.748 190.748 189.642
Feb 28, 2024 190.749 -0.097 -0.05% 190.846 190.924 190.252
Feb 27, 2024 190.846 -0.124 -0.06% 190.970 190.979 190.349
Feb 26, 2024 190.973 0.298 0.16% 190.675 191.304 190.326
Feb 25, 2024 190.674 0.022 0.01% 190.652 190.759 190.395
Feb 23, 2024 190.709 0.197 0.10% 190.512 191.131 190.388
Feb 22, 2024 190.512 0.519 0.27% 189.993 190.820 189.840
Feb 21, 2024 189.994 0.675 0.36% 189.319 190.033 189.142
Feb 20, 2024 189.320 0.180 0.10% 189.140 189.710 189.063
Feb 19, 2024 189.142 -0.190 -0.10% 189.332 189.377 188.893
Feb 18, 2024 189.334 0.302 0.16% 189.032 189.334 188.977
Feb 16, 2024 189.240 0.325 0.17% 188.915 189.504 188.846
Feb 15, 2024 188.915 -0.287 -0.15% 189.202 189.202 187.958
Feb 14, 2024 189.202 -0.510 -0.27% 189.712 189.817 188.744
Feb 13, 2024 189.754 1.115 0.59% 188.639 190.065 188.428
Feb 12, 2024 188.640 0.140 0.07% 188.500 188.710 187.843
Feb 11, 2024 188.500 0.142 0.08% 188.358 188.535 188.249
Feb 9, 2024 188.497 0.128 0.07% 188.369 188.852 188.214
Feb 8, 2024 188.368 1.394 0.75% 186.974 188.473 186.857
Feb 7, 2024 186.973 0.677 0.36% 186.296 187.249 186.250

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

Trade commission
0
  • 1:1
Leverage
1:1
  • 20
  • 100
  • 500
  • 1000
  • 10000
Investment
Trade size (Leverage x Investement):
Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

GBP/JPY

What is the GBP/JPY currency pair?

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.

UK pound vs Japanese yen

The currency pair of the British pound (GBP) vs. the Japanese yen (JPY) has always enjoyed popularity among risk-accommodating Forex investors and traders. Representing the two major global currencies, the “dragon” is considered the barometer of the world’s economic environment. Among the top 8 global currencies the yen is ranked the 3rd representing 19% of Forex volume, and the pound is ranked the 4th, accounting for 12.9% of trading volume.

The GBP/JPY couple is considered a “cross” one. It means that the American dollar (USD) is not applied during the calculation of the exchange rate. The conversion is performed directly, without prior denomination in US dollars.

Known for its drastic price fluctuations, the GBP/JPY pairing often experiences significant up- and downtrends, caused by the major changes in the world’s economic environment. For example, the Brexit referendum in 2016 led to a severe downtrend of the GBP/JPY price rate.

Another unique factor that impacts the GBP/JPY valuation is the relations of energy pricing and the Japanese yen. The price for energy commodities and the Japanese yen exchange rate is closely correlated. Japan is the 4th global importer of crude oil and the 2nd largest importer of natural gas.

Besides energy pricing, major factors that influence the GBP/JPY volatility include the countries’ domestic monetary policies and economic conditions, as well as political atmosphere.

GBP – British pound

The British pound, or pound sterling, is the United Kingdom’s official currency. The symbol is £, the currency code is GBP. One of the world’s most widely-traded currencies in the Forex market after the US dollar (USD), euro (EUR) and the Japanese yen (JPY), the British pound (GBP) is the oldest and the 3rd most-held reserve currency globally. Subdivided into 100 pence, the pound is managed by the Bank of England. The popular currency’s nickname is “Quid”.

The pound originated in Anglo-Saxon England. One pound of silver was equal to 240 silver pennies that were made from the purest available silver. In 1694, when the Bank of England was founded, it issued the paper money and adopted a gold standard. After a 300 years history, there are approximately 3 billion pound banknotes worth £60 billion and 30 billion pound coins in circulation.

JPY – Japanese yen

The official currency of Japan, the Japanese yen, is the 3rd most widely-traded currency in the world, after the American dollar (USD) and Euro (EUR). It accounts for 23% of daily Forex turnover. The currency is managed by the Bank of Japan. The official symbol of the Japanese yen is ¥ and it can be traded under the JPY currency code. The word “yen” in Japanese means “round”.

The first yen coins originated in 1870 and were produced from copper, silver, gold and other metals. Introduced in 1871, the New Currency Act of Japan introduced a gold standard alongside the Western societies. In 1872, the banking system under the National Bank Act adopted banknotes in addition to coins. In 1882, the banking system of Japan was centralised.

Yen coins are issued in several denominations, including ¥1, ¥5, ¥10, ¥50, ¥100 and ¥500. Yen banknotes are release in ¥1,000; ¥2,000; ¥5,000; and ¥10,000 denominations. The Japanese currency depicts national and natural beauties, including flowers, temples and even rice. Today the number of yens in circulation reaches approximately $1 trillion USD of worth.

How to learn the GBP/JPY live rate?

GBP/JPY is one of the most popular currency pairs traded on the international Forex market. Browse the latest Forex GBP/JPY chart in real time with Capital.com and stay tuned to the sterling-yen correlation.

News

Nvidia (NVDA) confronts high expectations for Q4 results

Nvidia is arguably the hottest company on the planet. The company reports its Q4 results after the closing bell on Wednesday, the 21st of February. We preview what to expect from Nvidia’s earnings and analyse the technicals of its stock price.

12:13, 20 February 2024

UK Bank Earnings: What to expect from Lloyds, Barclays and HSBC?

UK banks will be in the spotlight in the week ahead as the European earnings season continues

16:38, 16 February 2024

Is Big Tech behind the apparent bull market rally?

While the Magnificent Seven have dominated market momentum in recent months, it’s not true that they are the sole drivers of the recent rally in equity markets.

16:05, 8 February 2024

US Earnings Week Ahead: Walt Disney, Uber, and Pepsi Co.

The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.

16:24, 2 February 2024

Bank of England preview: will updated projections show more cuts are expected in 2024?

Markets have no doubt that the BoE will keep its rate unchanged

15:43, 31 January 2024

Meta Platforms Q4 earnings forecast to surge on solid ad revenues

Meta Platforms (META) reports its Q4 results after Wall Street’s closing bell on February 1, 2024. We preview what to expect from the results and analyse the stock’s technicals.

15:33, 31 January 2024

Federal Reserve meeting preview: strong data is making it hard to justify cutting rates

Markets expect the Fed to keep rates unchanged as strong economic data continues

11:30, 30 January 2024

People also watch

Gold

2,037.24 Price
+0.120% 1D Chg, %
Long position overnight fee -0.0191%
Short position overnight fee 0.0109%
Overnight fee time 22:00 (UTC)
Spread 0.30

BTC/USD

63,132.00 Price
+4.240% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

US100

17,872.80 Price
+0.340% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 1.8

XRP/USD

0.60 Price
+4.250% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.01168
video

Still looking for a broker you can trust?

Join the 580.000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading