GBP/JPY · British Pound / Japanese Yen

## GBP/JPY overview
GBP/JPY is a high-volatility cross often treated as high beta. It is driven by the BoE, BoJ, risk appetite, UK political risk and JPY carry trades.

## Trading risk
GBP/JPY is not friendly to small accounts. Stop distance, size and news slippage should be conservative. Beginners should avoid high-leverage oversized trades.