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COT 01/13
Tuesday, 13 January 2009 16:20:57 GMT  |  Jamie Saettele, Senior Currency Strategist
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GBP: The weight of evidence favors bulls.

The COT index for the British Pound has also dropped from 0 but the percentage of commercial traders that are long is high (close to 80%) and the composite COT is increasing from historically low levels.

Implications: bullish

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