This week will provide many opportunities and I am adding this to my Watch List. Last week the pound experienced bearish pressure, and we would like to see more downside movement. Below I have outlined a few important points from the Cot report, and how the larger market participants are positioned.
Asset Manager/
Institutional
GBP
Long Position
45,039
-1,467
Short Positions
68,002
+5,641
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USD Index
Asset Manager/
Institutional
Long Positions 5,919
+216
Short Positions
7,902
+112