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GBPUSD: Bearish Breakdown

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by , 05-16-2019 at 01:03 PM (441 Views)
      
   
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GBPUSD: Retail trader data shows 75.8% of traders are net-long with the ratio of traders long to short at 3.13 to 1. In fact, traders have remained net-long since May 06 when GBPUSD traded near 1.30919; price has moved 1.9% lower since then. The number of traders net-long is 11.4% higher than yesterday and 27.9% higher from last week, while the number of traders net-short is 13.4% lower than yesterday and 30.8% lower from last week.

[SIZE=1][URL="https://www.dailyfx.com/forex/technical/ssi/gbp-usd/2019/05/15/ssi_gbp-usd.html"]more...[/URL][/SIZE]
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