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British Pound Bias Remains Weakly Bearish
Thursday, 26 February 2009 13:25:48 GMT
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- 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, 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: 1.24
Trading Forecast: Bearish
GBPUSD – Sharp one-sided trader sentiment has left our forex trading strategies heavily short the GBP/USD. Indeed, a sharp 41.0 percent jump in GBP/USD-long positions means that 55 percent traders are currently long the currency pair. Yesterday, positioning was almost exactly neutral as 50 percent of traders were long. Under normal circumstances, we would take a strongly bearish bias on the GBP/USD based on increasingly one-sided sentiment. Yet recently choppy price action gives us reason to believe that we may continue to see the GBP trade within a narrowing range against the US Dollar.
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