Temporal shifts in trader positioning are adding complexity to the market outlook. Long positions have increased by 8.27% since yesterday but decreased by 18.64% compared to last week. Short positions, on the other hand, have seen growth both daily and weekly, at 6.39% and 3.63% respectively.
This mixed picture of trader sentiment is creating a mixed trading bias for the GBP/JPY. The overall net-short positioning has moderated since yesterday but intensified compared to last week. This delicate balance of market forces highlights the uncertainty in trading bias for the GBP/JPY.