- According to the most brokers’ data, more than half of the traders are currently in short positions on GBPUSD. As a result, we recommend considering only Long trades at this time.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- We are seeing an increase in Sell positions by market crowd, who are replenishing an already large number of "locked up" losing Sell positions.
- We are focused on the breakdown of the previous peak, the target at the level of 1.3415.
Chart & Analyst Comments
