gbp ssi
Article
Previous Articles
Print
- Thursday, 13 August 2009 14:52:55 GMT Trading Strategies Flat on Indecisive Price Action
- Thursday, 30 July 2009 14:26:58 GMT Trading Strategies Aggressively Long GBPUSD
- Thursday, 16 July 2009 14:23:33 GMT Sentiment-Based Strategies Remain Long GBPUSD
- Thursday, 02 July 2009 15:25:22 GMT British Pound Outlook Remains Bearish on Sharp Sentiment Shifts
- Thursday, 04 June 2009 14:20:43 GMT British Pound Forecast Turns Bearish on Crowd Positioning
- Thursday, 28 May 2009 14:35:32 GMT British Pound Outlook Tentatively Bearish on Sharp Shift
- Thursday, 21 May 2009 14:16:28 GMT British Pound May Have Topped on Sentiment Shift
- Thursday, 14 May 2009 14:45:55 GMT British Pound Could Rally Further on One-Sided Sentiment
- Thursday, 07 May 2009 14:46:42 GMT British Pound Could Rally Further on One-Sided Sentiment
- Thursday, 30 April 2009 14:27:38 GMT Forex Trading Systems Indecisive on British Pound
- Thursday, 23 April 2009 14:09:10 GMT Forex Systems Sell the British Pound Against US Dollar
- Thursday, 16 April 2009 14:17:30 GMT Forex Systems Buy British Pound Aggressively on Sentiment
- Thursday, 19 March 2009 13:15:07 GMT British Pound Forecast Turns Marginally Bullish
- Thursday, 12 March 2009 14:01:23 GMT British Pound Forecast Remains Aggressively Bearish
- Thursday, 05 March 2009 13:43:37 GMT British Pound Forecast Remains Bearish
- Thursday, 26 February 2009 13:25:48 GMT British Pound Bias Remains Weakly Bearish
- Thursday, 19 February 2009 13:41:13 GMT British Pound Unclear on Mixed Forex Sentiment
- Thursday, 12 February 2009 13:41:13 GMT British Pound Forecast Turns Bearish Following Sentiment Shift
- Thursday, 05 February 2009 13:58:12 GMT British Pound Forecasts Turned Bullish Following BoE Decision
- Thursday, 29 January 2009 14:22:54 GMT British Pound Forecasts Turned Bullish on Shift in Sentiment
GBP/USD ratio: -1.05
Trading Forecast: Bullish
GBPUSD –Increasingly indecisive British Pound/US Dollar positioning has left our forex trading strategies effectively flat the GBP/USD. The ratio of long to short positions in the GBPUSD stands at -1.05 as nearly 51% of traders are short. Yesterday, the ratio was at -1.60 as 61% of open positions were short. In detail, long positions are 38.6% higher than yesterday and 9.3% weaker since last week. Short positions are 9.1% lower than yesterday and 53.5% stronger since last week. Open interest is 9.3% stronger than yesterday and 47.8% above its monthly average. On balance, the recent surge in long positions gives us a marginally bearish bias. Yet the nearly-neutral SSI ratio limits confidence in sentiment-based forecasts.
Resources
