GBPJPY price
How GBPJPY moves through the day
Average GBPJPY range in each session as a share of its price, measured on every trading day since 2012.
Average range by session
Busiest hours (UTC)
GBPJPY moves most from 12:00 to 16:00 UTC. The quietest hour starts at 20:00 UTC.
Size a GBPJPY trade
One standard lot of GBPJPY is 100,000 units on most brokers. Check your broker's contract size before you trade.
See your own GBPJPY trades on this chart
Connect your broker once. Every GBPJPY entry and exit lands on the chart, your journal and rules sit beside it, and Edge learns from your trades to show you the one thing to fix next. Then practice it on GBPJPY in the backtester before you trade it live.
GBPJPY questions
GBPJPY is the price of one GBP in JPY. GBP is the base currency and JPY is the quote currency, so the price tells you how many Japanese yen one GBP costs.
Each broker quotes its own bid and ask from its own liquidity providers, so prices can differ a little from broker to broker. The prices here are indicative bid quotes. Spreads also widen around big news and when the market opens.
GBPJPY trades 24 hours a day, five days a week, from 17:00 New York time on Sunday to 17:00 New York time on Friday. It is busiest when London and New York are both open, roughly 12:00 to 16:00 UTC.
On most brokers one standard lot of GBPJPY is 100,000 GBP, so a one pip move (0.01) is worth ¥1,000.00 a lot, and 0.01 lots moves ¥10.00 a pip. Check your broker's contract size before you trade.
Mostly what traders expect the Bank of England and the Bank of Japan to do with interest rates, inflation and jobs data from both economies, and how much risk markets want to take.