Here is a link to see what percent of people are long/short
http://www.dukascopy.com/swiss/english/marketwatch/sentiment/
The pound is extremely long and AUD long which is not a good sign for a bounce because if it drops everybody covers by selling not the other way round.
Saying that all the analysts at dailyfx pick a rebound in the pound.
http://www.dailyfx.com/analyst_picks/index.html
Looks like a squeeze coming up on the GBPUSD which means a move 5min graph
time to buy the aussie battler, page-17
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