Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.
EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Jul 22, 2020 when EUR/GBP traded near 0.91. posted first on your-t1-blog-url
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