Jul 4, 2022
Pound’s Fear Vs. Greed Indicator Shows Bears in Full Control
Bloomberg News
,(Bloomberg) -- Bears are dominating price action in the pound even more than in the early days of the Covid-19 pandemic. A weekly measure of the fear-greed indicator is at the most bearish level in four years. In simple terms, it’s a technical metric used by traders to get a sense of buying or selling strength, and the persistence of the trend.
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