Cot 02/26

[B]Signal: [/B]Bullish

[U][B]Net non-commercial IMM positioning in GBP[/B][/U]


[B]GBP[/B]: The 52 and 13 week COT indexes are at 2 and 8. The implications are the same for the Pound as for the Euro. That is, sentiment has turned from a bearish extreme, which is bullish for Cable.