British Pound / Japanese Yen price (GBP/JPY)

About British Pound / Japanese Yen

GBP/JPY prices the British pound in Japanese yen and, for its large swings, traders call it "the dragon". Its big daily moves create opportunities, but risk management and well-placed stops matter twice as much here.

What moves British Pound / Japanese Yen

• Bank of England and Bank of Japan policy
• Global risk sentiment
• UK economic data
• The interest-rate gap between the two countries

Trading hours

Forex is open around the clock from Sunday evening to Friday evening, New York time, and closed at weekends. The Sydney, Tokyo, London and New York sessions follow one another, with the most volume when London and New York overlap.