a month ago
I only use Non-Commercial data as a reference. Because they are speculators in this market.
Non-Commercial:
Long: 88,144
Short: 64,151
Change from May 13, 2025
Total open positions increased by 465 contracts.
Non-Commercial:
Long decreased by 1,396,
Short increased by 1,827,
Net short increased by 3,223.
Conclusion,
For this week, GBP is likely to experience a decline (especially GBPUSD), because,
1. Short positions have increased significantly since May 13, indicating a stronger bearish sentiment.
2. Non-Commercial: Start reducing Long positions and adding Short (more bearish)
3. Percentage indicator of Increase/Decrease positions on May 6-20, 2025
Non-Commercial:
Long: 59.16% < 58.96% < 57.88%
Short: 40.84% > 41.04% > 42.16%