• Contact Us
  • Homepages
Most Forex
  • For Beginners
  • Strategies
  • Technical Analysis
  • Product Reviews
  • News
  • Videos
No Result
View All Result
  • For Beginners
  • Strategies
  • Technical Analysis
  • Product Reviews
  • News
  • Videos
No Result
View All Result
Most Forex
No Result
View All Result
Home Technical Analysis

00 GMT when GBP/JPY traded near 139.63.

Forex Tips by Forex Tips
December 2, 2020
in Technical Analysis
0
00 GMT when GBP/JPY traded near 139.63.
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


GBP/JPY Client Positioning

Number of traders net-short has decreased by 23.68% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


GBP/JPY

BEARISH

50.60%

49.40%

6.83%
Daily

-10.00%
Weekly

-7.35%
Daily

-23.68%
Weekly

-0.68%
Daily

-17.32%
Weekly

GBP/JPY: Retail trader data shows 50.60% of traders are net-long with the ratio of traders long to short at 1.02 to 1. In fact, traders have remained net-long since Nov 24 when GBP/JPY traded near 139.63, price has moved 0.17% lower since then. The number of traders net-long is 6.83% higher than yesterday and 10.00% lower from last week, while the number of traders net-short is 7.35% lower than yesterday and 23.68% 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 Nov 24, 2020 09:00 GMT when GBP/JPY traded near 139.63. 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.





Source link

Share76Tweet47

Related Posts

AUD/JPY, EUR/JPY Poised to Gain Ground

by Forex Tips
January 20, 2021
0

Japanese Yen, AUD/JPY, EUR/JPY, JPY Technical Analysis, IGCS – Talking Points:Inverse Head and Shoulders bottom hints at further gains...

Loonie’s Wings Clipped? Levels for CAD/JPY, USD/CAD

by Forex Tips
January 19, 2021
0

Canadian Dollar Forecast Overview:The Canadian Dollar has struggled to recapture bullish momentum as FX markets continue to rebalance US...

New Zealand Dollar Technical Analysis: AUD/NZD, NZD/JPY, NZD/USD

by Forex Tips
January 19, 2021
0

New Zealand Dollar, AUD/NZD, NZD/JPY, NZD/USD, Technical Analysis – Talking Points:NZD/USD eyeing a push to key support at the...

Our data shows traders are now net-long France 40 for the first time since Dec 22, 2020 when France 40 traded near 5,477.70.

Our data shows traders are now net-long France 40 for the first time since Dec 22, 2020 when France 40 traded near 5,477.70.

by Forex Tips
January 19, 2021
0

Number of traders net-short has decreased by 11.14% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS...

Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Jan 05, 2021 when Oil

Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Jan 05, 2021 when Oil

by Forex Tips
January 19, 2021
0

Number of traders net-short has decreased by 10.03% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS...

Load More

Categories

  • Crypto Strategies
  • Currency
  • For Beginners
  • Forex News
  • Forex Trading Tips & Strategies
  • Investment
  • Technical Analysis
  • Videos
Forex Pulse Detector

Categories

  • Crypto Strategies
  • Currency
  • For Beginners
  • Forex News
  • Forex Trading Tips & Strategies
  • Investment
  • Technical Analysis
  • Videos

Newsletter

  • Home
  • Contact
  • Privacy Policy
  • Store

© 2018 Forex Blog

No Result
View All Result
  • Contact Us
  • Homepages

© 2018 Forex Blog.