Derived Data That Drive Results
By Jeremy Boulton — Aug 14 - 04:05 AM
GBP/USD has broken below peak of daily Ichimoku cloud at 1.2674
Monday's range 1.2696-67 - lowest since August 3
GBP/USD has traded heavily since bets on rise became large in mid-July
Traders have retained the bulk of their bullish positions
Week ending Aug 8 traders long equiv $3.7 bln compared $5.2bln in July
A drop below 1.2627 may trigger a bigger shift in betting
The dollar is threatening to break higher nL1N39V0BJ
GBP and bets Click here
GBPUSD chart Click here
Source:
Refinitiv IFR Research/Market Commentary
