GBPUSD currently has a score of -3, or a Sell rating after adding up all categories.
First, let's look at what institutional traders are buying/selling. We can see that theGBP has a long percentage of 35.66%, and we see that the USD has a long percentage of 74.9%. This category receives a -2, as institutional traders favor the USD.
Taking a look at GBPUSD, we see that retail traders are 59% long, and 41% short. We consider this information most useful when a market is at an extreme reading from retail traders. If the retail crowd is 60% or more positioned to one side, we get a +1 or -1. Currently, theGBPUSD gets a reading of 0 in this category. Remember, if the retail crowd is very long, we will look to short, and vice versa.
Taking a look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of +1.
Finally, let's look at fundamentals. GDP growth favors the USD, inflation favors the USD, unemployment favors none and interest rates favor the USD