COT 06/24

Published June 24th, 2008 - 08:51 GMT
Al Bawaba
Al Bawaba

Implications: Bullish




GBP: The 52 and 13 week indexes are at 2 and 8.  Readings have held close to 0 for much of 2008 as the GBPUSD has traded sideways.  With readings so low, probability is high that the next big move is higher.