[B]GBPUSD –[/B]One-sided forex trading crowd sentiment has led two of our forex trading systems to go long the British Pound against the US Dollar, but there is distinct risk that the GBPUSD may reverse at important technical resistance. In fact, our technical strategist has advocated going short the GBPUSD on the day’s trade. The ratio of long to short positions in the GBPUSD stands at -1.35 as nearly 57% of traders are short. Short positions are 6.0% lower than yesterday and 10.0% weaker since last week. Open interest is 2.7% weaker than yesterday and 101.2% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains, but it will be important to watch whether the pair can clear important near-term technical resistance.