Trading Strategies

GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Jan 07, 2021 when GBP/JPY traded near 140.83.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading bias.

Leave a Reply

Your email address will not be published. Required fields are marked *