Sell setup for GbpUsd
This past Tuesday the COT reports show the pound being shorted even especially on the non-commercial side which is large hedge funds and big banks like Chase, Bank of America, Citi bank, etc
banks sell when prices tend to rise because of the nature that they must enter the trade. banks start to sell to start to lower the price but it takes time to make the peak of price.
This past Tuesday the COT reports show the pound being shorted even especially on the non-commercial side which is large hedge funds and big banks like Chase, Bank of America, Citi bank, etc
banks sell when prices tend to rise because of the nature that they must enter the trade. banks start to sell to start to lower the price but it takes time to make the peak of price.
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