Saturday 13 February 2016

GBP/USD

My last bullish signal GBP/USD was on 23 January 2016.Since then this currency ratio went up 0.47%.In the last 2 weeks I got a bearish signal for GBP/USD based on the net number of old long contracts closed(9,846) vs total number of new short contracts opened(6345).It's clear that longs are leaving this currency and shorts adding more and more long contracts.As result GBP/USD ratio is expected to fall soon.Check my trackrecord2016 file  and my strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/

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