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
Mixed
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
Mixed
Wall Street
Mixed
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
Gold
Mixed
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
GBP/USD
Bullish
USD/JPY
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
More View more
Real Time News
  • Trump will meet soon with advisors to talk about new relief bill - DJ via BBG
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 1.24% 🇳🇿NZD: 1.03% 🇨🇦CAD: 0.56% 🇪🇺EUR: 0.46% 🇨🇭CHF: -0.07% 🇯🇵JPY: -0.80% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/XNw8pkSsXa
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: France 40: 1.98% Germany 30: 1.33% FTSE 100: 0.81% Wall Street: 0.71% US 500: 0.35% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/J2WnVIkNxh
  • Trump says a COVID-19 vaccine is coming along really well, along with therapeutics $SPX
  • President Trump to speaking to the market's interests optimism of a expedited economic reopening, but not a lot of detail to gain traction around https://t.co/gc54MZMtuG
  • The $DXY Dollar Index is often a mirror of EURUSD - as the benchmark cross accounts for a vast majority of the trade-weighted index. The DXY is also down 6 straight trading days, but it hasn't seen a 7th since October 2007 https://t.co/ipeUVxqHOj
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.60% Gold: 0.25% Silver: -0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/nBg1O9AB2c
  • GBP/USD has broken convincingly to the upside from a symmetrical triangle chart pattern, implying that further gains can be expected. Get your $GBPUSD technical analysis from @MartinSEssex here: https://t.co/tsEeGa8kAd https://t.co/yOhxlK2crH
  • Have to say, the $GBPUSD's observation of the 200-day moving average is convenient for tech observers. Also helps that it is almost horizontal https://t.co/8DGvfn5nkx
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.01%, while traders in US 500 are at opposite extremes with 74.83%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Jxm2ZcDEKN
Sharp Shift in Sentiment Warns of British Pound Weakness

Sharp Shift in Sentiment Warns of British Pound Weakness

2015-02-26 16:55:00
David Rodriguez, Head of Product
Share:
Sharp Shift in Sentiment Warns of British Pound Weakness

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

GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.67 as 63% of traders are long. Yesterday the ratio was 1.21; 55% of open positions were long. Long positions are 12.5% higher than yesterday and 15.2% above levels seen last week. Short positions are 18.3% lower than yesterday and 16.6% below levels seen last week. Open interest is 1.4% lower than yesterday and 7.7% above its monthly average. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

See next currency section:USDJPY - USDJPY Rallies Should be Sold, Dips Bought

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Sharp Shift in Sentiment Warns of British Pound Weakness

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 http://www.twitter.com/DRodriguezFX

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

DISCLOSURES

News & Analysis at your fingertips.