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
Oil - US Crude
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
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
Bearish
GBP/USD
Mixed
USD/JPY
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
More View more
Real Time News
  • The United States will not certify the autonomy of Hong Kong, putting its trade status in danger - BBG
  • RT @Lagarde: I am heartened to see this common European answer to the economic difficulties resulting from the coronavirus pandemic. #Stron…
  • Hey traders! With the bullish bias in the past few days, what are some highlights we are getting into today? Find out 👇 from @DailyFX Chief Strategist, @JohnKicklighter ! https://t.co/eXO2YWutRY
  • https://t.co/Mi7kAVUVOI
  • El crudo #WTI se juega los 35$ por barril en un marco político preocupante #oil #petroleo #trading https://t.co/B6NjYvTgs8
  • Austria's Kurz says EU plan's loan vs grant split and size needs to be debated $EUR
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.11% 🇯🇵JPY: -0.13% 🇨🇭CHF: -0.29% 🇳🇿NZD: -0.59% 🇬🇧GBP: -0.84% 🇦🇺AUD: -1.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/2f7woqEyzE
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: France 40: 1.16% Germany 30: 0.81% FTSE 100: 0.71% Wall Street: 0.53% US 500: -0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/UHNz6zjlW6
  • Heads Up:🇬🇧 Prime Minister Johnson Testimony due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-05-27
  • EUR/JPY Price Forecast: Bulls Retake Momentum More details in the link: https://www.dailyfx.com/forex/technical/home/analysis/eur-jpy/2020/05/27/EURJPY-Price-Forecast-Bulls-Retake-Momentum-MK.html?CHID=9&QPID=917714 https://t.co/QRfOMPpqr9
British Pound is a Sell versus the Dollar until this Changes

British Pound is a Sell versus the Dollar until this Changes

2016-12-28 15:15:00
David Rodriguez, Head of Product
Share:
British Pound is a Sell versus the Dollar until this Changes

Why and how do we use the SSI in trading? View our video and download the free trading guide here

GBPUSD - The ratio of long to short positions in the GBPUSD stands at 2.37 as 70% of traders are long. Yesterday the ratio was 2.48; 71% of open positions were long. Long positions are 4.6% lower than yesterday and 24.8% above levels seen last week. Short positions are 0.1% lower than yesterday and 16.8% 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 long gives signal that the GBPUSD may continue lower. The trading crowd has grown less net-long from yesterday but further long since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

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

DISCLOSURES

News & Analysis at your fingertips.