We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Mixed
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Mixed
More View more
Real Time News
  • Furthermore, the #Euro 5Y5Y inflation swap forward is less than one third of a percent above its all-time low at 1.1688. Eurozone inflation expectations to start were not looking great, and the #coronavirus only made them gloomier. https://t.co/vvQYUuXQja https://t.co/fmpnmj4j0v
  • $USDJPY Daily Pivot Points: S3: 108.36 S2: 109.34 S1: 109.77 R1: 110.76 R2: 111.31 R3: 112.29 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • Japan ruling parties to consider budget increase over virus - Nikkei $USDJPY
  • $AUDUSD suffered a critical break beneath support at 0.6678 last week as risk aversion spiked on #coronavirus fears. Get your #AUDUSD market update from @PeterHanksFX here:https://t.co/zWvJh9VhKq https://t.co/xzCcZ5GXuJ
  • RT @spectatorindex: JUST IN: Kuwait sends plane to evacuate its nationals from Milan, Italy
  • Canada reports confirmed coronavirus cases now at 12 $USDCAD
  • $GBPUSD might target February lows near 1.2850 after spot prices quickly reversed lower off the 1.3000 handle. Get your GBP/USD market update from @RichDvorakFX here: https://t.co/EhuvCwtwsz https://t.co/usFJC2VQrU
  • Retail CFD traders measured by IG have cut their long-standing short $SPX exposure even further and pushed long positions to the highest in at least 12-months. About to flip net long for the first time in recent memory: https://www.dailyfx.com/sentiment?ref-author=Kicklighter&CHID=9&QPID=917719 https://t.co/y8ocZTCo4k
  • Precious Metals Update: #Gold 1,639.59 (-0.08%), #Aluminum 1,703.00 (+0.24%), and #Copper 5,685.00 (-0.07%) [delayed]
  • "The April VIX future has closed as much as 1.3 points above May’s during this pullback, the biggest such backwardation between the second and third-month contracts since the idiosyncratic volatility blowup in February 2018" https://t.co/35vDjoQQd3
British Pound Outlook Calls for Gains

British Pound Outlook Calls for Gains

2011-02-24 15:56:00
David Rodriguez, Head of Product
Share:
ssi_gbp-usd_body_Picture_7.png, British Pound Outlook Calls for Gains

GBPUSD Forex trading crowds have remained net-short the British Pound against the US Dollar since the pair traded near the 1.5600 mark, providing strong contrarian signal to go long. The ratio of long to short positions in the GBPUSD stands at -2.23 as nearly 69% of traders are short. Yesterday, the ratio was at -2.75 as 73% of open positions were short. In detail, long positions are 13.6% higher than yesterday and 25.4% stronger since last week. Short positions are 7.7% lower than yesterday and 13.8% weaker since last week. Open interest is 2.0% weaker than yesterday and 12.7% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.