Open interest in GBP futures markets from CME Group dropped by just 2 contracts on Wednesday, reaching the third drop in a row while volume shrunk by around 1.2K contracts. GBP/USD could slip back and test the 200-day SMA Cable has been losing ground in past sessions on the back of declining open interest and choppy performance in volume. Further retracements are expected to meet strong support in the 1.2960 region, where coincides the 200-day SMA. 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 Ripple market update: XRP/USD rangebound with bearish bias FX Street 3 years Open interest in GBP futures markets from CME Group dropped by just 2 contracts on Wednesday, reaching the third drop in a row while volume shrunk by around 1.2K contracts. GBP/USD could slip back and test the 200-day SMA Cable has been losing ground in past sessions on the back of declining open interest and choppy performance in volume. Further retracements are expected to meet strong support in the 1.2960 region, where coincides the 200-day SMA. Top 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.
