Number of traders net-short has increased by 50.43% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFrance 40BULLISH47.01%52.99%-25.03% Daily-29.75% Weekly29.10% Daily50.43% Weekly-3.62%…
British Pound (GBP) Analysis and ChartsA mildly hawkish BoE helps underpin GBP/USDCable pushes back above 1.2200For all market-moving economic data and events, see the DailyFX Calendar
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GBP/CAD just got rejected from a previous resistance area!
Is the pair ready for a short-term reversal?
Before moving on, ICYMI, yesterday’s watchlist looked at USD/CAD’s short-term range ahead of the FOMC statement. Be sure to check…