Sterlina / Yen giapponese
Short
Aggiornato

GBPJPY Short

118
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!
Nota
will be taking it out here for 1.7 RR win

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