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 Remains at Risk versus Euro, Dollar

British Pound Remains at Risk versus Euro, Dollar

David Rodriguez, Head of Product
ssi_gbp-usd_body_Picture_15.png, British Pound Remains at Risk versus Euro, Dollar

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

GBPUSDRetail FX crowds continue selling aggressively into British Pound strength, but we think the GBPUSD may remain below key highs.

Trade Implications – GBPUSD: Last week we highlighted a potentially significant weekly key reversal alongside a major turn in Sterling positioning as a key reason that the GBP would stay below major multi-year peaks. It’s difficult to get excited about buying the US Dollar as it tumbles versus the Euro and other major counterparts, but a GBP hold below $1.6822 leaves us looking for weakness.

--- Written by David Rodriguez, Quantitative Strategist for

ssi_gbp-usd_body_Picture_7.png, British Pound Remains at Risk versus Euro, Dollar

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at

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