We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
GBP/USD
Mixed
USD/JPY
Bullish
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Bearish
More View more
Real Time News
  • 🇪🇺 EUR German Gross Domestic Product w.d.a. (YoY) (3Q F), Actual: 0.5% Expected: 0.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-22
  • 🇪🇺 EUR German Gross Domestic Product n.s.a. (YoY) (3Q F), Actual: 1,0% Expected: 1.0% Previous: 1.0% https://www.dailyfx.com/economic-calendar#2019-11-22
  • The $JPY has posted some rare gains against the US Dollar on its daily chart, but important channel support still holds on an intraday basis. Keep a close eye on it now. Get your market update from @DavidCottleFX here:https://t.co/ReMGzu6OjP https://t.co/FkSEGuro3T
  • 🇪🇺 EUR German Gross Domestic Product w.d.a. (YoY) (3Q F), Actual: 1% Expected: 0.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-22
  • Heads Up:🇪🇺 EUR German Gross Domestic Product w.d.a. (YoY) (3Q F) due at 07:00 GMT (15min), Actual: N/A Expected: 0.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-22
  • Heads Up:🇪🇺 EUR German Gross Domestic Product n.s.a. (YoY) (3Q F) due at 07:00 GMT (15min), Actual: N/A Expected: 1.0% Previous: 1.0% https://www.dailyfx.com/economic-calendar#2019-11-22
  • European Opening Calls From IG: #FTSE 7259 +0.28% #DAX 13166 +0.22% #CAC 5892 +0.18% #MIB 23339 +0.26% #IBEX 9236 +0.23% #STOXX 3688 +0.21%
  • USD/MXN Technical Analysis: Peso Breaks Down as USMCA Lingers - https://www.dailyfx.com/forex/technical/article/special_report/2019/11/22/USDMXN-Technical-Analysis-Peso-Breaks-Down-as-USMCA-Lingers.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #USDMXN #USMCA https://t.co/ZHZWXOGHuW
  • What is a CPI and why does it affect #forex traders? Find out: https://t.co/nGztbG91kc #tradingstyle https://t.co/d06LgWdP50
  • My trading video for today: 'S&P 500 Slip Isn't Yet Bearish Conviction, Even with Trade War and Recession Headlines' https://www.dailyfx.com/forex/video/daily_news_report/2019/11/22/SP-500-Slip-Isnt-Yet-Bearish-Conviction-Even-with-Trade-War-and-Recession-Headlines.html?CHID=9&QPID=917719 https://t.co/WRXYdP6ru2
British Pound Forecast Less Clear against JPY

British Pound Forecast Less Clear against JPY

2011-03-24 15:38:00
David Rodriguez, Head of Business Development
Share:
ssi_gbp-jpy_body_Picture_11.png, British Pound Forecast Less Clear against JPY

GBPJPY Trading crowds remain heavily net-short the British Pound against the Japanese Yen, but a recent drop in short positions weakens our otherwise bullish contrarian bias.. The ratio of long to short positions in the GBPJPY stands at -3.10 as nearly 76% of traders are short. Yesterday, the ratio was at -5.03 as 83% of open positions were short. In detail, long positions are 6.3% higher than yesterday and 26.6% weaker since last week. Short positions are 34.4% lower than yesterday and 479.7% stronger since last week. Open interest is 27.6% weaker than yesterday and 14.9% below its monthly average. The SSI is a contrarian indicator and signals more GBPJPY gains.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.