CME Group’s preliminary figures for GBP futures markets noted open interest rose by more than 1K contracts on Thursday vs. Wednesday’s final 228,970 contracts. On the other hand, volume shrunk by nearly 6K contracts, reverting two consecutive daily builds. GBP/USD still looks to 1.2700 Cable is retreating for the second day in a row so far today amidst rising open interest and a down tick in volume, hinting at the likeliness that some consolidation lies ahead while a test of October’s low in the 1.2700 neighbourhood stays in the pipeline. 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/GBP: Remains bid above 0.8800 – Commerzbank FX Street 4 years CME Group's preliminary figures for GBP futures markets noted open interest rose by more than 1K contracts on Thursday vs. Wednesday's final 228,970 contracts. On the other hand, volume shrunk by nearly 6K contracts, reverting two consecutive daily builds. GBP/USD still looks to 1.2700 Cable is retreating for the second day in a row so far today amidst rising open interest and a down tick in volume, hinting at the likeliness that some consolidation lies ahead while a test of October's low in the 1.2700 neighbourhood stays in the pipeline. 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.
