DY: British Pound Forecast Bearish versus Japanese Yen
GBPJPY – The ratio of long to short positions in the GBPJPY stands at 1.13 as nearly 53% of traders are long. Yesterday, the ratio was at -1.01 as 50% of open positions were short. In detail, long positions are 10.0% higher than yesterday and 26.3% stronger since last week. Short positions are 2.9% lower than yesterday and 22.7% weaker since last week. Open interest is 3.5% stronger than yesterday and 0.8% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses.
