GBP/AUD Forex Sentiment

Long
57%
Short
43%
Bearish
Strong Bearish contrarian indicator

Our contrarian indicator detected a shift in the Forex sentiment. After the majority of traders were selling the market for many consecutive days, a change in the sentiment has occurred and the bias shifted to long and continued to remain so for the past days. In combination with the price moving downwards, this creates a bearish indicator.

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GBP/AUD
May-17 2024
1.89712
1.90314
1.89604
1.89752
57%
43%

Please note the price and sentiment information displayed in the chart is not real time and may have a delay of a few hours. We provide it in the hope that it will help you devise a trading strategy by offering a longer term view while comparing the price and the sentiment evolution, but we don't recommend to rely solely on it when trading.

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