Trade Implications – GBPJPY: Retail forex short positions in the GBPJPY have surged by more than 150 percent since last week—leaving total open short positions at their highest since April, 2011 when the GBPJPY was trading near ¥136.
Written by David Rodriguez, Quantitative Strategist for DailyFX.com
Automate our SSI-based trading strategies via Mirror Trader free of charge
To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.
Contact David via
Twitter at http://www.twitter.com/DRodriguezFX
Facebook at http://www.Facebook.com/DRodriguezFX