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Our data shows traders are now net-long GBP/JPY for the first time since Feb 09, 2023 when GBP/JPY traded near 159.32.

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Our data shows traders are now net-long GBP/JPY for the first time since Feb 09, 2023 when GBP/JPY traded near 159.32.


Number of traders net-short has decreased by 44.68% from last week.

SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI
GBP/JPY BEARISH 52.94% 47.06%

27.17% Daily

6.36% Weekly

-33.12% Daily

-44.68% Weekly

-10.71% Daily

-25.84% Weekly




of clients are net long.




of clients are net short.

Change in Longs Shorts OI
Daily 27% -33% -11%
Weekly 6% -45% -26%

GBP/JPY: Retail trader data shows 52.94% of traders are net-long with the ratio of traders long to short at 1.12 to 1. In fact, traders have remained net-long since Feb 09 when GBP/JPY traded near 159.32, price has moved 0.55% higher since then. The number of traders net-long is 27.17% higher than yesterday and 6.36% higher from last week, while the number of traders net-short is 33.12% lower than yesterday and 44.68% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests GBP/JPY prices may continue to fall.

Our data shows traders are now net-long GBP/JPY for the first time since Feb 09, 2023 when GBP/JPY traded near 159.32. 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.





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I'm a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.