GBP/USD: Ratio -1.36
Signal: Bullish
Currency Last Week Present % Long % Change in Positions Outstanding Signal GBP/USD - 2.38 -1.36 42% 1.24% Bullish
GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.34 as nearly 57% of traders are short. Yesterday, the ratio was at -1.55 as 61% of open positions were short. In detail, long positions are 5.3% higher than yesterday and 16.3% stronger since last week. Short positions are 8.6% lower than yesterday and 9% weaker since last week. Open interest is 3.2% weaker than yesterday and 10.3% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.