Forex sentiment update
This past week, major US dollar pairs all experienced similar price movements. Last Thursday, markets saw large swings in favor of USD, which has been lost incrementally in the five trading days since.
Sentiment in GBP/USD has changed from 53% long to 52% short as the pair climbs back above 1.2700. Short sentiment in the pair was last seen in mid-July when prices were higher than 1.2900.
Price action in USD pairs could continue later this week as Non Farm Payrolls and other labor market data arrives Friday morning.
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2023-08-30 21:28:48Z
CBMiXGh0dHBzOi8vd3d3LmlnLmNvbS91cy9uZXdzLWFuZC10cmFkZS1pZGVhcy9nYnAtdXNkLXNlbnRpbWVudC1mbGlwcy1mcm9tLWxvbmctdG8tc2hvcnQtMjMwODMw0gFgaHR0cHM6Ly93d3cuaWcuY29tL3VzL25ld3MtYW5kLXRyYWRlLWlkZWFzL2dicC11c2Qtc2VudGltZW50LWZsaXBzLWZyb20tbG9uZy10by1zaG9ydC0yMzA4MzAuYW1w
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