In light of CME Group’s advanced data for GBP futures markets, investors added nearly 6.3K contracts on Wednesday from Tuesday’s final 191,938 contracts. Volume, instead, dropped after four consecutive builds by more than 99.2K contracts. GBP/USD now targets 1.3400 Cable‘s sharp rebound on Wednesday was amidst the continuation of the uptrend in open interest while volume decreased significantly. That said, a probable test of the 1.3400 handle remains on the cards although the strong draw in volume warns against this scenario. 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 GBP/USD: New high not confirmed by RSI – Commerzbank FX Street 4 years In light of CME Group's advanced data for GBP futures markets, investors added nearly 6.3K contracts on Wednesday from Tuesday's final 191,938 contracts. Volume, instead, dropped after four consecutive builds by more than 99.2K contracts. GBP/USD now targets 1.3400 Cable's sharp rebound on Wednesday was amidst the continuation of the uptrend in open interest while volume decreased significantly. That said, a probable test of the 1.3400 handle remains on the cards although the strong draw in volume warns against this scenario. 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.
