- Trading
- Instrument Specifications
- Currency Pairs
- GBP / JPY Investing
Trade Pound Japanese Yen with IFCM
GBP/JPY Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 5.5 | 5.5 | 5.5 |
| Floating Spread, pip | 4.4 | 4.4 | 5.5 |
| Order distance, pip | 11 | 11 | 11 |
| Swap, pip (Long/Short) | 0.99 / -3.31 | 0.99 / -3.31 | 0.99 / -3.31 |
| Digits | 0.01 | 0.01 | 0.01 |
|
Available volumes | >=10000.00 GBP | 100.00 – 100000.00 GBP | >=100.00 GBP |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 1000 JPY | 1000 JPY | 1000 JPY |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 5.5 | 5.5 | 5.5 | 5.5 |
| Order distance, pip | 11 | 11 | 11 | 11 |
| Swap, pip (Long/Short) | 0.99 / -3.31 | 0.99 / -3.31 | 0.99 / -3.31 | 0.99 / -3.31 |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 1000 JPY | 1000 JPY | 1000 JPY | 1000 JPY |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 4.4 | 4.4 | 5.5 | 4.4 |
| Order distance, pip | 11 | 11 | 11 | 11 |
| Swap, pip (Long/Short) | 0.99 / -3.31 | 0.99 / -3.31 | 0.99 / -3.31 | 0.99 / -3.31 |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 1000 JPY | 1000 JPY | 1000 JPY | 1000 JPY |
GBP/JPY Trading Hours
GBP/JPY trading hours are the time when investors can buy and sell GBP/JPY. The GBP/JPY is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP/JPY during different trading hours. Depending on where you live, you may be able to trade GBP/JPY at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when GBP/JPY trading hours begin and end.
The GBP/JPY currency pair is popular among medium term and longer term traders. This currency pair has experienced the development of strong trends, which can be in excess of thousands of pips. Retail sentiment can be useful as well when trading those trends due to the volume and liquidity available.
"GBPJPY Trading
The GBPJPY currency pair is popular among medium term and longer term traders. This currency pair has experienced the development of strong trends, which can be in excess of thousands of pips. Retail sentiment can be useful as well when trading those trends due to the volume and liquidity available. This pair presents how many Japanese Yen is needed to trade GBPJPY. For a deeper understanding how to trade currency pairs, for example GBPJPY, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair GBPJPY | Forex | Major
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
