GBPJPY trading British Pound to Japanese Yen
Trade GBPJPY CFDs with the most stable spreads¹ after high-impact market news. Analyze GBPJPY charts and implement your trading strategies with fast and reliable execution.
GBPJPY is a dynamic currency pair that combines the British pound and the Japanese yen. Also known as “the beast,” it’s a popular choice among swing traders seeking larger price movements and high liquidity.
At Exness, you can trade GBPJPY CFDs with better-than-market conditions like low and stable spreads and zero hidden fees.
GBPJPY trading conditions
GBPJPY
Great Britain Pound vs Japanese Yen
Trade popular instruments with better-than-market conditions. View the contract specifications and conditions, then use our intuitive trading calculator to easily plan your trades and calculate margin, spread, commission, and more.
Average spread
pips
Commission
per lot/side
Margin
Long swap
pips
Short swap
pips
Stop level
pips
GBPJPY trading calculator
Results
Margin
Spread cost
Commission
Swap short
Swap long
Pip value
The price chart is indicative and based on the instrument’s Ask price. For real-time quotes, please refer to the trading platform. The results presented by the calculator are for educational and estimation purposes and you should not rely on them as being complete or for making investment decisions. Real-time results can only be determined at the time of order execution. Spreads in the above table are averages based on the previous trading day. Spreads may fluctuate and widen due to factors including market volatility, news releases, economic events, when markets open or close, and the type of instruments being traded.
Why trade GBPJPY with Exness?
The most stable spreads¹
Save costs on every GBPJPY trade and protect your earnings with spreads that stay stable during volatile market conditions.
The fastest withdrawals in the market²
Access your money automatically, even on weekends.
Custom leverage
Set your own exposure with leverage options to suit a wide range of risk management strategies.
User-friendly platforms
Experience friction-free trading on reliable platforms like MetaTrader 5 and the Exness Terminal.
Discover the most stable GBPJPY spreads¹ in the market
Trade GBPJPY with spreads that remain stable, even during the most volatile conditions.
What is GBPJPY?
GBPJPY is a widely traded forex pair combining the British pound and the Japanese yen—two major global currencies. With its high volatility and sensitivity to economic and geopolitical events, it offers traders a range of short- and medium-term opportunities. Several factors can influence GBPJPY price movements:
Economic factors
Employment data, changes in interest rates, increasing/decreasing inflation, and GDP fluctuations all impact currency values. Positive news for one country will generally strengthen its currency against the other, while negative news will weaken it.
Political instability
Elections, trade disputes, tariffs, and referendums can all influence the GBPJPY exchange rate, driving volatility and price swings in either direction.
Production and commodity prices
As industrialized, trade-dependent economies, Japan and the UK see their currencies respond to shifts in production and trade flows. What benefits the country often strengthens its currency—and, by extension, one side of this forex pair.
Diversify your portfolio with other currency pair CFDs
EURUSD
These two currencies represent the eurozone and the US, two of the biggest economies in the world. It’s liquid and relatively stable.
USDCAD
The US and Canadian dollar pair represents two major North American economies, with changes in oil prices and trade agreements heavily affecting the price.
GBPUSD
A pair that combines the currencies of the UK and US, the GBPUSD is considered highly volatile and prone to changes from economic and geopolitical events such as interest rate adjustments and trade disputes.
Choose a reliable GBPJPY trading platform
Whether you choose the MetaTrader platforms or Exness’ proprietary trading platform, you can expect the following trader-favorite features:
Fast execution
Trade GBPJPY with low latency and the best executable spreads³.
Analytical tools
Customize your GBPJPY live chart with your favorite indicators and drawing tools.
Proprietary protection features
Trade with unique protection features like Stop Out Protection as well as Negative Balance Protection.
No hidden fees
Predict and view all trading costs on one platform, with no fine print or hidden charges.
How to start trading GBPJPY
Step 1
Sign up
Register for a real Exness account or an unlimited demo account.
Step 2
Plan your strategy
Analyze USDJPY opportunities using expert insights, detailed GBPJPY charts, and a wide range of indicators.
Step 3
Start trading
Deposit and place your first GBPJPY trade.
Frequently asked questions
What’s the best session to trade GBPJPY?
There is no ideal time to trade any single instrument. Trading times depend on your individual goals and preferences. However, one of the most popular times to trade GBPJPY is during the overlap of the Tokyo and London trading sessions. This is a highly liquid time and can provide traders with many opportunities. That said, higher volatility during these hours may also increase the risk of sudden price swings, so it's important to manage your trades with caution and proper risk controls.
Can I trade GBPJPY with a demo account?
Yes, you can trade GBPJPY and other currency pairs using an Exness demo account. This virtual fund account allows you to experience real market conditions without risking any capital and is a great way to familiarize yourself with your trading platform’s features and conditions.
Why is GBPJPY so volatile?
GBPJPY is highly volatile due to the influence of economic data and political events in the UK and Japan, two major economies on opposite sides of the globe. As island nations heavily reliant on trade, fluctuations in production, supply chains, and trade agreements can significantly impact both the British pound and the Japanese yen.
Start trading today
Trade GBPJPY volatility with tight and stable spreads.
- Most stable spread claim refers to the maximum spreads on GBPJPY for the first two seconds following high-impact news. This comparison is made between the Exness Standard account and commission-free accounts of several competitors, all excluding agent commission, from 1 January 2025 to 10 June 2025.
- At Exness, over 98% of withdrawals are processed automatically. "Fastest withdrawals" refers to a comparison of Exness’ withdrawal processing time vs. three other brokers, last updated on 7 May 2025. Processing times may vary depending on the chosen payment method.
- Executable spread claims refer to maximum spreads on XAUUSD, USDJPY, EURUSD, and GBPUSD for the first two seconds following high-impact news. This comparison is made between the Exness Pro account and commission-free accounts of several competitors, all excluding agent commission, from 1 January to 23 August 2024.