🇬🇧🇯🇵

GBPJPY

As of 2026-07-21

+28Long

What smart money is doing

Comparing the latest COT report with the previous two. When large speculators keep adding shorts the bias is bearish; when they keep adding longs it is bullish. For a pair, the base and quote currencies pull the bias in opposite directions.

🇬🇧British Pound (GBP)

−87,903→−71,253→−55,561

Adding longs · bullish

🇯🇵Japanese Yen (JPY)

−123,778→−122,663→−152,125

Adding shorts · bearish

🇬🇧

British Pound (GBP)

Net−55,561+15,692

Long64,282+13,197

Short119,843−2,495

🇯🇵

Japanese Yen (JPY)

Net−152,125−29,462

Long107,590−8,375

Short259,715+21,087

Signal components

COT positioning trend (last 3 reports)weight 1.00

The bias tracks the trend in COT positioning over the last three reports. Further inputs (seasonality and others) will appear here as they are added, each contributing to the composite bias by weight.