Your Source for Daily FOREX Market News and Analysis
Sunday, 08 November 2009 GMT
FOREX ALERTS >>
gbp ssi
Article
British Pound Unclear on Mixed Forex Sentiment
Thursday, 19 February 2009 13:41:13 GMT
|
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, 09 April 2009 15:42:50 GMT British Pound Outlook Muted Following Bank of England
- 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, 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: 1.07
Trading Forecast: Bearish
GBPUSD – Increasingly uncertain forex market conditions have left our sentiment-based forex trading strategies flat the GBP/USD. Indeed, the ratio of long to short positions is near neutral for the GBPUSD, as it stands at 1.03; nearly 51% of traders are long. Yesterday, the ratio was at 1.13 as 53% of open positions were long. In detail, long positions are 19.0% higher than yesterday and 27.7% stronger since last week. Short positions are 30.7% higher than yesterday and 82.2% stronger since last week. Open interest is 24.5% stronger than yesterday and 26.5% above its monthly average. The SSI is a contrarian indicator and gives weak signal for GBPUSD losses.
Resources
