My last bearish signal for the british pound was on 19 December 2015.Since then british pound has dropped but now I got a bullish signal by comparing the number of new long contracts opened(56,710) with the number of new short contracts opened(46,378) in the last 3 weeks.It's very easy to identify an open interest higher 10,332 for new long contracts in the last 3 trading weeks.As result I expect british currency to rally in the next week(s).Check my strategy to identify bullish and bearish turning points in the futures and options markets over my free website:http://futuresandoptions.wix.com/cotswingcharts
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