GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Jul 20, 2020 when GBP/USD traded near 1.27.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2ZssXdo
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Crude Oil Price Outlook Mired by Moving Average Death Cross

Crude oil prices might remain under pressure with the commodity now facing a bearish crossover of its 50-day and 200-day moving averages after invalidating its prior-standing bullish trendline.

from DailyFX – Market News https://bit.ly/3bMCJfG
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Crude Oil Price Outlook Mired by Moving Average Death Cross

Crude oil prices might remain under pressure with the commodity now facing a bearish crossover of its 50-day and 200-day moving averages after invalidating its prior-standing bullish trendline.

from DailyFX – Market News https://bit.ly/3bMCJfG
via IFTTT