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!