Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
DailyFX Home / Forex Technical Analysis / Speculative Sentiment Index

SSI: The Speculative Sentiment Index

Symbol LastWeek Present %Long Change:
Open Interest
Signals Chart Links

The SSI is reported Every Thursday at and twice every trading day inside DailyFX PLUS.

British Pound Fails at Key Resistance, Losses Likely

British Pound Fails at Key Resistance, Losses Likely

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

GBPUSD Retail forex traders have bought steadily into British Pound weakness, and a contrarian view of crowd sentiment acts as signal that the GBP/USD may continue lower. Indeed it has now stopped and reversed at important volume-based congestion resistance at $1.5650 for the third time; short-term targets now lie at comparable support near $1.54.

See next currency section:USDJPY - US Dollar Outlook Positive versus Japanese Yen

--- Written by David Rodriguez, Quantitative Strategist for

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at

Latest Topics in the DailyFX Forums

by macarontt
Today at 02:37
Elliott Wave Trading Discussi...
by apipintime
Today at 01:17
Elliott Wave Trading Discussi...
by brad_1199
Today at 01:08
DAX-Informationen, börsentägl...
by sgoerz
Today at 01:03