GBPUSD [Cable] Short
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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