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DailyFXTeam Apr 9, 2024
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Mar 21, 2024 when GBP/USD traded near 1.27. A contrarian view of crowd sentiment points to GBP/USD strength. https://t.co/QeYdESR2tp https://t.co/gaYpaKQIgj
2024-04-09 12:23:27

IG Client Sentiment

Sentiment chart

This article examines retail sentiment on the British pound and positioning on three key FX pairs: GBP/USD, GBP/JPY and EUR/GBP. In the piece, we also investigate potential market outcomes guided by technical contrarian signals.

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