Open interest in GBP futures markets reversed the previous drop and increased by round 3.6K contracts on Monday according to advanced data from CME Group. On the other hand, volume went down by around 20.5K contracts following three consecutive daily builds. GBP/USD now looks to 1.30 Cable‘s moderate advance at the beginning of the week was in tandem with rising open interest, which allows for the continuation of the move up to, initially, the 1.30 neighbourhood. The pullback in volume, however, warns against a sustainable move higher. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China’s Top Diplomat Yang: CHINA strongly condemns US bill on Hong Kong human rights FX Street 3 years Open interest in GBP futures markets reversed the previous drop and increased by round 3.6K contracts on Monday according to advanced data from CME Group. On the other hand, volume went down by around 20.5K contracts following three consecutive daily builds. GBP/USD now looks to 1.30 Cable's moderate advance at the beginning of the week was in tandem with rising open interest, which allows for the continuation of the move up to, initially, the 1.30 neighbourhood. The pullback in volume, however, warns against a sustainable move higher. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
