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COT 12/18

Thursday, 20 December 2007 09:23:08 GMT

Written by Jamie Saettele, Currency Analyst

GBP Signal: Bearish

12-18-07 pic 4

 

GBP: The % of total commercial positions that are long measured through a 52 week percentile is at 84 and the % of total speculative positions that are long measured through a 52 week percentile is at 6.  Favor the downside until a bearish extreme is registered.

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