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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% 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. Please click here to read our full Risk Warning.

78% of retail investor accounts lose money when trading CFDs with this provider.

British Pound - Japanese Yen (GBP/JPY)

GBP (British pound)
Currency unit which is:
- a national currency of United Kingdom of Great Britain and Northern Ireland (Great Britain), which includes England, Scotland, Wales and Northern Ireland
- parallel currency of the crown lands Guernsey, Jersey and Isle of Man
- lawful currency for British overseas territories: Falkland Islands, Gibraltar, Saint Helena, Ascension Island and Tristan da Cunha Islands.
Issued by: Bank of England
Price dynamics depends on the interest rates of Bank of England, inflation and growth rates of the region’s economy.

JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depends on the interest rates of Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been a stimulation of the growth and a fight with deflation by means of capping the national currency appreciation.