Learn some tips and precautions for trading the volatile and dangerous Geppy ( GPY/ JPY) currency pair, also known as the ' Beast' and the. The GBP/ JPY pair tells the trader how many Japanese Yen ( the quote currency) are needed to purchase one British Dollar ( the base currency).
Day traders love the wide and volatile swings the pair tends to make on a day by day basis. The British Pound ( GBP) vs. Daily Currency Outlook: EUR/ JPY And GBP/ JPY : October 05, By. GBP/ JPY is a pair widely followed by scalpers and forex day traders.