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
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
Wall Street
Bullish
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
Bearish
USD/JPY
Bullish
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
  • Heads Up:💶 Economic Sentiment due at 09:00 GMT (15min) Expected: 70.3 Previous: 67 https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:💶 Industrial Sentiment due at 09:00 GMT (15min) Expected: -27 Previous: -30.4 https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:💶 Consumer Confidence Final due at 09:00 GMT (15min) Expected: -18.8 Previous: -22.0 https://www.dailyfx.com/economic-calendar#2020-05-28
  • Merece la pena leer https://t.co/hzhMRkEUFu
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT to learn about how you can become a better trader. Register here: https://t.co/WeWGKtdlyz https://t.co/4C1a33u95m
  • $GBPUSD: #China, #HongKong , #Brexit, todo pesa sobre #GBPUSD en su intento de superar 1.23 #trading https://t.co/NtCoq0K3MW
  • #Equities: US futures on the front-foot with market participants returning from their elongated break, which in turn sees the S&P 500 pierce the psychological 3000. Get your #equities market update from @JMcQueenFX here: https://t.co/7O447VkToZ https://t.co/t9KDTYEZsb
  • 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 76.88%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ylaacf3TiF
  • Heads Up:🇮🇹 Business Confidence due at 08:00 GMT (15min) Expected: 79 Previous: 89.5 https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:🇮🇹 Consumer Confidence due at 08:00 GMT (15min) Expected: 88.5 Previous: 101 https://www.dailyfx.com/economic-calendar#2020-05-28
Sentiment Shifts, Pound May Rally

Sentiment Shifts, Pound May Rally

2018-01-11 19:00:00
Dylan Jusino,
Share:
Sentiment Shifts, Pound May Rally

GBPUSD: Retail trader data shows 37.8% of traders are net-long with the ratio of traders short to long at 1.65 to 1. In fact, traders have remained net-short since Dec 28 when GBPUSD traded near 1.33732; price has moved 1.2% higher since then. The number of traders net-long is 7.0% lower than yesterday and 15.3% lower from last week, while the number of traders net-short is 0.7% higher than yesterday and 4.9% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests GBPUSD prices may continue to rise. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bullish contrarian trading bias.

--- Written by Dylan Jusino, DailyFX Research

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

DISCLOSURES

News & Analysis at your fingertips.