About the DXM (Dumb Money Index), 71.2% long on EURGBP as we saw a big selling force in the last few days that caused us to break support.
Open interest is also rising and in terms of economic news we have the German Manufacturing PMI tomorrow morning.
Large buying volumes are visible around 0.84, the price has a strong chance of being pushed lower.
Beware, volatility may increase by the end of the week!
This is not a financial advice but a personal analysis.
Dorian.
Open interest is also rising and in terms of economic news we have the German Manufacturing PMI tomorrow morning.
Large buying volumes are visible around 0.84, the price has a strong chance of being pushed lower.
Beware, volatility may increase by the end of the week!
This is not a financial advice but a personal analysis.
Dorian.