GBP/JPY (British Pound – Japanese Yen) forex chart tells traders how many Japanese Yen are needed to buy a British Pound. It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists in buying a high yielding currency and funding it with a low yielding currency, similar to the adage “buy low, sell high.”

The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016).

Use the GBP/JPY chart to follow its live rate and to assist your technical analysis when trading this pair. For the latest GBP/JPY news and Pound – Yen forecast, follow our expert articles.