About GBP/TRY
What moves it
- The British pound side (Bank of England)
- Bank of England rate decisions, UK inflation and wage data, and fiscal or political headlines.
- The Turkish lira side (Central Bank of the Republic of Türkiye)
- Very high inflation, central-bank credibility and rate decisions, and capital flows. Spreads and gaps can be large.
When it is most active
Most active during the London session.
- London
See which sessions are open now, in your time zone
Pip value
Pip size and contract specifications for exotic pairs differ between brokers. Check your platform's contract specification before sizing a trade, and use the pip calculator with your broker's numbers.
Calculate pip value and position size
Trading notes
- Exotic pairs usually have wider spreads, larger overnight swaps and sharper gaps around news than the majors. Size positions accordingly.
Educational information only — not a recommendation to trade GBP/TRY. Prices and technical summaries come from TradingView and can differ slightly from your broker’s feed.