Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias.
Tags
forex
GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Mar 17, 2023 when GBP/USD traded near 1.22.
byLOVE WORLD
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