BRITISH POUND TURNAROUND MAY BE IN THE HORIZON
GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.76 as nearly 64% of traders are short. Yesterday, the ratio was at -1.74 as 63% of open positions were short. In detail, long positions are 1.5% higher than yesterday and 0.7% weaker since last week. Short positions are 2.8% higher than yesterday and 54.0% stronger since last week. Open interest is 2.4% stronger than yesterday and 133.5% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains
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