Our Speculative Sentiment Index shows 62.79% of retail traders are currently long GBP/USD. That's close to the pre-Brexit high of 70.87% long positions:
SSI is a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that GBP/USD may continue lower. Bottom pickers be warned!
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Our Speculative Sentiment Index shows 62.79% of retail traders...
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