GBP/USD Ratio: 1.44
Signal: Bullish
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| GBP/USD | -1.04 | 1.44 | 59% | 19.30% | Bullish |
GBPUSD – Our GBPUSD SSI reading flipped into net-long territory just two weeks ago and predicted a noteworthy decline in the currency pair. Since then, the ratio has only grown further into net-long territory, as long positions are 11.5% higher than yesterday and 18.5% stronger since last week. Short positions are 6.2% lower than yesterday and 20.3% stronger since last week. Open interest is 3.6% stronger than yesterday and 20.5% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.
