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British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS UpdateBritish Pound has been stabilizing against US DollarRetail traders have been slowing becoming bearishWill GBP/USD reverse higher on the 200-day MA?…

US Dollar, DXY Index – Outlook:The Fed kept interest rates on hold but projected two additional rate hikes in 2023 and not rate cuts until 2025.However, the market is pricing in one more rate hike this year and rate cuts as soon as next…

Gold, Silver, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateGold and silver prices have been consolidating in recent daysRetail traders are increasing short exposure, a bullish sign?Technical posture remains…

Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities UpdateDow Jones and S&P 500 have been cautiously weakeningRetail traders continue increasing upside exposure in themFrom a contrarian view, this is…

Share: WTI extended its losses to three consecutive days beneath $80.00 a barrel. US EIA reported that…