Open interest in GBP futures markets went down for another session on Monday, this time by more than 6K contracts according to advanced figures from CME Group. On the other hand, volume reversed two daily pullbacks in a row and rose by just 324 contracts. GBP/USD meets a tough barrier around 1.30 Cable‘s price action lacked of direction on Monday amidst declining open interest and a small uptick in volume. While Brexit headlines are expected to keep the flow of volatility intact for the time being, the 1.30 region emerges as a strong barrier for GBP-bulls in the near term. 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: altcoins back on recovery track, BTC glued to $8,200 FX Street 3 years Open interest in GBP futures markets went down for another session on Monday, this time by more than 6K contracts according to advanced figures from CME Group. On the other hand, volume reversed two daily pullbacks in a row and rose by just 324 contracts. GBP/USD meets a tough barrier around 1.30 Cable's price action lacked of direction on Monday amidst declining open interest and a small uptick in volume. While Brexit headlines are expected to keep the flow of volatility intact for the time being, the 1.30 region emerges as a strong barrier for GBP-bulls in the near term. 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.
