61.8% of retail traders remain net long on GBPUSD
Price ran out of steam and broke its bullish formation after halting at 1.2784 and dropping 2 cents very quickly.
There's now a good opportunity to ride a weaker Pound down as the fundamentals remains shakey at best for GBP.
Price ran out of steam and broke its bullish formation after halting at 1.2784 and dropping 2 cents very quickly.
There's now a good opportunity to ride a weaker Pound down as the fundamentals remains shakey at best for GBP.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.