Open interest in GBP futures markets shrunk by nearly 2K contracts on Thursday from the previous session and following three consecutive daily builds. In the same direction, volume retreated for the second straight session, this time by around 5.5K contracts. GBP/USD still targets 1.3400 and above Cable‘s negative price action on Thursday was in tandem with declining both open interest and volume, allowing for a potential ‘U-turn’ that would pave the way for a test of recent tops in the 1.3380 region and probably beyond. 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 BoJ’s Kuroda: Japan’s domestic economy continues to be robust FX Street 4 years Open interest in GBP futures markets shrunk by nearly 2K contracts on Thursday from the previous session and following three consecutive daily builds. In the same direction, volume retreated for the second straight session, this time by around 5.5K contracts. GBP/USD still targets 1.3400 and above Cable's negative price action on Thursday was in tandem with declining both open interest and volume, allowing for a potential 'U-turn' that would pave the way for a test of recent tops in the 1.3380 region and probably beyond. 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.
