In light of advanced data for GBP futures markets from CME Group, investors scaled back their open interest positions by almost 1.8K contracts on Thursday from Wednesday’s final 180,054 contracts. In the same line, volume dropped by more than 88K contracts. GBP/USD now looks to 1.3040 Cable continues its march south after breaking below the key support at 1.3200 the figure. The attention has now rotated to the critical 1.3040 area, although the recent decrease in open interest and volume could remove some tailwinds from the downside. 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 EUR/USD prints fresh weekly lows near 1.1615, Fed’s MonPol report eyed FX Street 5 years In light of advanced data for GBP futures markets from CME Group, investors scaled back their open interest positions by almost 1.8K contracts on Thursday from Wednesday's final 180,054 contracts. In the same line, volume dropped by more than 88K contracts. GBP/USD now looks to 1.3040 Cable continues its march south after breaking below the key support at 1.3200 the figure. The attention has now rotated to the critical 1.3040 area, although the recent decrease in open interest and volume could remove some tailwinds from the downside. 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.
