Forex Alert

GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Aug 04 when GBP/USD traded near 1.31.

GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Aug 04 when GBP/USD traded near 1.31.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.

Source: DailyFX – pages/rss.rss-list.technical-analysis
Date: August 29, 2020, 04:09