Home / GBP / US Dollar Bears Increasingly Crowded, GBP/USD Rose on Short-Covering – COT Report

US Dollar Bears Increasingly Crowded, GBP/USD Rose on Short-Covering – COT Report

USD selling remained the theme with speculators adding further bearish exposure as net shorts rose $4.6bln, totalling $28.8bln. However, as we have previously mentioned, the bearish US Dollar trade is …