GBPUSD - Short interest in GBPUSD has skyrocketed after a sharp rally from below
Trade Implications - GBPUSD: Retail FX traders have gone 'all in' on shorting the GBPUSD, with the SSI ratio diving to -8.26. That means there are 8.26 traders short for every 1 long. A break of the yearly high could result in a stop run/short covering rally as clearly the market is heavily tilted towards one side. Only once retail traders capitulate will the GBPUSD bullish bias ease.
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