GBP/JPY · outlook

GBP/JPY: what the data says

A cross currency pair known for high volatility, often nicknamed 'the Dragon' by traders for its large, sudden moves. It combines two currencies with very different personalities — an often-volatile pound and a yen traditionally used as a funding currency — producing above-average daily price swings even among the most heavily traded cross pairs, which makes it popular with traders seeking large moves in a short time.