SolidWetFX

CPI News/ Are We Finally Out of a Bear Market?

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
A few weeks ago, after reanalyzing the COT positioning. I saw that the dealer was acummulating short positions leading into the new year after taking liquidity from
below multi year lows.

We are still early in the new year. This could be a rebalancing or higher time frame such as a 3 month and above, bottom.


Against the COT, I am long until the 1.31 mark.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.