Investors trimmed their open interest positions in GBP futures markets by almost 1.6K contracts at the beginning of the week. Volume followed suit and went down by near 140.5K contracts, recording the largest single day drop so far this year. GBP/USD supported around 1.25 Cable tested and rebounded from the vicinity of the 1.25 handle on Monday against the backdrop of shrinking volume and open interest, hinting at the likeliness that a decent support remains in this region. At the same time, the door remains open for the continuation of the recent up trend, always tracking the developments from the Brexit process. 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 The cryptocurrency market update: Bitcoin and major altcoins lack momentum FX Street 4 years Investors trimmed their open interest positions in GBP futures markets by almost 1.6K contracts at the beginning of the week. Volume followed suit and went down by near 140.5K contracts, recording the largest single day drop so far this year. GBP/USD supported around 1.25 Cable tested and rebounded from the vicinity of the 1.25 handle on Monday against the backdrop of shrinking volume and open interest, hinting at the likeliness that a decent support remains in this region. At the same time, the door remains open for the continuation of the recent up trend, always tracking the developments from the… 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.
