News & Analysis at your fingertips.

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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
British Pound Trading Outlook Warns of Turn

British Pound Trading Outlook Warns of Turn

David Rodriguez, Head of Product
ssi_gbp-usd_body_Picture_6.png, British Pound Trading Outlook Warns of Turn

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -2.55 as approximately 28% of traders are long. Yesterday the ratio was -2.12; 32% of open positions were long. In detail, long positions are 10.8% lower than yesterday and 4.5% above levels seen last week. Short positions are 7.4% higher than yesterday and 15.4% below levels seen last week. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the GBPUSD may continue higher. Current SSI is lower than yesterday and higher from last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

--- To receive the SSI report and other research from this author, e-mail subject line “Distribution List” to

Contact this author via Twitter:


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