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.
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Trade British Pound / Japanese Yen CFD

190.633
0.42%
Market Trading Hours* (UTC) Open now
Closes on Tuesday 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 0.010601 %
Charges from full value of position ($53.00)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
0.010601%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.018821 %
Charges from full value of position ($-94.11)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.018821%
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
Mar 19, 2024 189.975 0.164 0.09% 189.811 190.114 189.720
Mar 18, 2024 189.812 0.186 0.10% 189.626 190.143 189.519
Mar 17, 2024 189.627 0.143 0.08% 189.484 189.888 189.484
Mar 15, 2024 189.760 0.760 0.40% 189.000 190.014 188.572
Mar 14, 2024 189.002 0.085 0.04% 188.917 189.506 188.583
Mar 13, 2024 188.918 0.052 0.03% 188.866 189.534 188.402
Mar 12, 2024 188.867 0.793 0.42% 188.074 189.191 187.966
Mar 11, 2024 188.076 -0.625 -0.33% 188.701 188.978 187.948
Mar 10, 2024 188.700 -0.143 -0.08% 188.843 189.115 188.575
Mar 8, 2024 189.047 -0.407 -0.21% 189.454 189.703 188.372
Mar 7, 2024 189.453 -0.641 -0.34% 190.094 190.094 188.233
Mar 6, 2024 190.095 -0.523 -0.27% 190.618 190.675 189.845
Mar 5, 2024 190.618 -0.290 -0.15% 190.908 191.023 190.303
Mar 4, 2024 190.907 0.851 0.45% 190.056 191.179 189.770
Mar 3, 2024 190.056 0.311 0.16% 189.745 190.088 189.713
Mar 1, 2024 189.923 0.447 0.24% 189.476 190.387 189.469
Feb 29, 2024 189.476 -1.272 -0.67% 190.748 190.748 189.031
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

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).

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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

Bank of Japan Preview: will the BOJ end negative interest rates?

The Bank of Japan meets on Tuesday 19th of March. We preview what to expect from the BOJ decision and how it might impact the USD/JPY and Nikkei 225.

08:44, 18 March 2024

Higher CPI leaves traders unfazed as US equities continue to build momentum

The latest US CPI reading hasn’t gone how the Federal would have hoped. Consumer prices came in higher than expected in February for the third month in a row.

12:42, 15 March 2024

Four reasons why Bitcoin is surging to record highs

Bitcoin has surged to record highs. We discuss the four factors pushing Bitcoin higher and analyse the technicals of the cryptocurrency’s technicals.

10:18, 14 March 2024

China’s National People’s Congress: The markets have again been left wanting more

China’s National People’s Congress (NPC) is underway, and the markets have so far been disappointed by what’s been delivered by the country’s central government. We look at some of the significant takeaways from the event, discuss China’s current economic conditions, and analyse the China A50.

08:23, 8 March 2024
Facade on the Federal Reserve Building in Washington DC

Central Banks: which one will cut first?

Central banks dominate the calendar in March and markets try to anticipate which one will be the first one to cut

13:14, 6 March 2024

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

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