GBPJPY Short
Trying GBPJPY short.
inflation expectations are lower, risk sentiment has fallen today, i think yields will continue to fall after end of quarter/end of half year.
JPY positioning is extremely short which should help.
The GBP narrative hasn't been great for a while and i don't think this changes any time soon.
It looks like we're forming a bear flag as well which i like the look of.
Expecting this to fall after end of month once flows make more sense but positioning into the flag first.
Not trading/investment advise, feedback welcome!
inflation expectations are lower, risk sentiment has fallen today, i think yields will continue to fall after end of quarter/end of half year.
JPY positioning is extremely short which should help.
The GBP narrative hasn't been great for a while and i don't think this changes any time soon.
It looks like we're forming a bear flag as well which i like the look of.
Expecting this to fall after end of month once flows make more sense but positioning into the flag first.
Not trading/investment advise, feedback welcome!
Note
will be taking it out here for 1.7 RR win
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.