My outlook on GBPJPY. Price at testing the trendline. COT data shows a massive increase in short positions for the Pound in the market, so the likelihood of price breaking the trendline is small. I'm goin with a nice short this week with price heading down to the bottom trendline.
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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.