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GBPUSD-Forex Positioning

Thursday, 23 October 2008 15:40:07 GMT

Written by Antonio Sousa, Chief Strategist

Forex Positioning in the GBPUSD

10-23-08-SSI4

 

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.42 as nearly 59% of traders are short. Yesterday, the ratio was at -1.36 as 58% of open positions were short. In detail, long positions are 6.0% higher than yesterday and 14.1% weaker since last week. Short positions are 11.2% higher than yesterday and 4.8% weaker since last week. Open interest is 9.0% stronger than yesterday and 13.7% below its monthly average.

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