Myfxbook GBPUSD Sentiment measures the sentiment of traders regarding the GBPUSD currency pair in the United Kingdom. It reflects the proportion of traders who are long versus short on the currency pair, providing insight into market sentiment. This indicator can be useful for understanding potential price movements and trends in the forex market.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.