The GBP/JPY, a major currency pair, I considered a zone of massive volatility, and sometimes referred to as "the Dragon". Depending on your trading strategy, this volatility needs to be addressed wisely. It’s considered a cross pairing as the USD is not used in the calculations at all.
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HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.
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