This week will provide many opportunities and I am adding this to my Watch List. Last week the pound experienced bearish pressure, and we would like to see more downside movement. Below I have outlined a few important points from the Cot report, and how the larger market participants are positioned.
Asset Manager/ Institutional
GBP Long Position 45,039 -1,467
Short Positions 68,002 +5,641 _____________________ USD Index Asset Manager/ Institutional