GBP False Long? - Brexit optimism in the public eye. Pound surges suspiciously in such uncertain times. - False breakout potentially? - LogicStrategy Quant score: -14 - COTA reading: 54% of funds are net short on GBP
AUD Fundamentals - The People's bank of China has reported its second month of gold buying. Showing a potential appreciation on AUD - Quant score: 20 - COTA reading: 60% of funds are net short on AUD
The COT sentiment readings old no bias on this trade, making it even more uncertain in the longer run.
Kommentar
⋅
GBP Logikfx Score update: -17 (-3 shift) showing continued weakness.
AUD Logiikfx Score update: 25 (+4 shift) showing continued strength.
Price The price is not reflecting the intrinsic value. Further confirming the idea.