In light of CME Group’s advanced figures for GBP futures markets, investors scaled back their open interest positions by just 459 contracts on Monday vs. Friday’s final 170,674 contracts. In the same direction, volume dropped by the second day in a row, this time by around 31.8K contracts. GBP/USD faces strong hurdle above 1.3300 Cable is sidelined in the upper 1.3200s for the time being against the backdrop of shrinking volume and open interest, removing at the same time some sustainability from occasional bullish attempts beyond the critical 1.3300 milestone. As usual, the Sterling will keep looking to the Brexit talks and uncertainty in the UK government for direction in the near to medium term horizon. 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 drops to fresh session lows, retreats farther from 1.17 handle FX Street 3 years In light of CME Group's advanced figures for GBP futures markets, investors scaled back their open interest positions by just 459 contracts on Monday vs. Friday's final 170,674 contracts. In the same direction, volume dropped by the second day in a row, this time by around 31.8K contracts. GBP/USD faces strong hurdle above 1.3300 Cable is sidelined in the upper 1.3200s for the time being against the backdrop of shrinking volume and open interest, removing at the same time some sustainability from occasional bullish attempts beyond the critical 1.3300 milestone. As usual, the Sterling will keep looking to the Brexit… Top 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.
