British Pound Sentiment Fails to Match Price
GBPUSD Forex trading crowds remain strongly heavily net-short the British Pound against the US Dollar, but a noteworthy drop in short positions despite fresh rallies suggests the crowd may be on the verge of capitulation. Traders have remained net-short the GBPUSD since the pair traded near the 1.61 mark. The ratio of long to short positions in the GBPUSD stands at -1.84 as nearly 65% of traders …
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