Momentum in Cable has flipped to the upside, breaking a major 2 year downtrend.
CFTC data shows speculators still heavily net short GBP.
This speculators will get squeezed out, this latest break of 1.30 is just the beginning.
CFTC data shows speculators still heavily net short GBP.
This speculators will get squeezed out, this latest break of 1.30 is just the beginning.
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.
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.