GBP went strong over past weeks with Net Differences of 44,245 positions according to COT report. The pair is now nearing to a strong resistance level and slowly losing its momentum. My take is that it will short down to bottom range support and bounce back up.
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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.