This what the ‘smart money’ is saying - Tip TV
Mike Ingram, Strategist at BGC Partners, takes note of where the ‘smart money’ (leveraged funds + institutional investors) is heading.
Comparison of the smart money flow with GBP/USD and US dollar index suggests Sterling shorts aren’t being crowded out. In fact, big players remain short on Sterling, while they are - long up to the eyeballs in the USD index.
Listen to the full segment to know what the ‘smart money’ has to say about the next move in the GBP/USD pair.
Other key topics discussed in the segment are - most popular/trending in business/finance, Oanda forex market sentiment, and economic calendar.
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