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.
GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Oct 16, 2020 when GBP/JPY traded near 136.11. posted first on your-t1-blog-url
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