Trading Specifications
Symbol
GBPJPY
Contract Size
100,000
Min Lot Size
0.01
Max Lot Size
50.00
Lot Step
0.01
Digits
3
Margin
Set by account leverage
Swap Long
7.3 pts
Swap Short
-25.3 pts
Triple swap day
Wednesday ×3
GBP/JPY is a minor forex pair that combines the British Pound and the Japanese Yen, two of the world's most liquid and stable currencies. This pair typically trades with significant daily volume and attracts traders seeking exposure to both the UK economy and Japanese monetary policy. The pair is known for its volatility, especially during UK and Japanese economic announcements, making it popular among swing and intraday traders.
GBP/JPY price movements are driven by interest rate differentials between the Bank of England and the Bank of Japan, UK and Japanese economic data, geopolitical risk sentiment, and carry trade dynamics. When the BoE raises rates while the BoJ maintains accommodation, the pair tends to strengthen. Safe-haven flows and risk appetite shifts also influence the yen significantly, creating opportunities for directional and range-trading strategies.
At GCC Brokers, GBP/JPY is available with STP execution and no manual intervention. Trade with transparent pricing on both Zero and Standard accounts; GCC Brokers Limited is regulated by the FSC Mauritius. Our platform delivers consistent execution and competitive spreads for this dynamic minor pair.
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Access GBP/JPY with GCC Brokers' STP execution and transparent, competitive pricing.