The market overview lets you quickly compare price movements on different timescales.
The overview shows three gauges, for the price movement during the last 60 minutes, 24 hours, and 5 days. Each gauge shows the current price in relation to the high-low range (with prices). A gauge which is mostly blue means that the current price is towards the top end of the range; orange means that the price is towards the lower end of the range. The inner bar then shows the open price for the period, and the corresponding % change.
Below the gauges are three simple candle charts, letting you compare short-term market activity on the M5, M15 and H1 timeframes.
The GBPJPY pair is the abbreviation of the British Pound and the Japanese Yen. The pair is also known as "the dragon". This pair is traded by risk-accommodating forex traders and investors. The ability of the GBP/JPY to fluctuate dramatically is one of its most recognisable attributes. Both the British pound and the Japanese yen are traded frequently and are among the top eight global currencies traded worldwide. The pair is seen as a barometer of global economic health as it relates economic events related to Europe's monetary policies with those of the Asia-Pacific region. The result of the United Kingdom's decision to leave the European Union via the Brexit referendum produced a severe downtrend of the GBPJPY. Another factor that impacts the pair is the relationship between the Japanese yen and energy pricing. Japan is heavily reliant upon the importation of crude oil and natural gas products as a means of satisfying domestic energy requirements. The pricing of energy commodities and the yen are intertwined and the adjustment in the value of the yen directly influences the GBP/JPY. Other factors that influence the volatility of the GBP/JPY are the political events, domestic monetary policies and both countries' economic output.