- Majority of traders are still holding onto Shorts. This means we should continue to Buy GBPUSD.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- Price broke through the MVP line and rushed up. We consider this a sign for further GBPUSD price increase.
- The SLC indicator displays the levels where there are Stop Losses acting as targets for our trading idea.
Chart & Analyst Comments
