CME Group’s flash data for GBP futures markets noted investors trimmed their open interest positions by just 108 contracts on Friday, reversing two consecutive daily builds. Volume, instead, rose for the third day in a row, this time by almost 30K contracts. GBP/USD: a near-term test of 1.30 loses traction Cable’s drop on Friday was in tandem with rising volume while open interest interrupted the uptrend. That said, inconclusive activity from both open interest and volume leaves the neutral stance on GBP/USD unchanged for the time being, although a move lower to, initially, the 1.2770 region should not be ruled out. 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 Trade talks, German ifo amongst market movers today – Danske Bank FX Street 3 years CME Group's flash data for GBP futures markets noted investors trimmed their open interest positions by just 108 contracts on Friday, reversing two consecutive daily builds. Volume, instead, rose for the third day in a row, this time by almost 30K contracts. GBP/USD: a near-term test of 1.30 loses traction Cable's drop on Friday was in tandem with rising volume while open interest interrupted the uptrend. That said, inconclusive activity from both open interest and volume leaves the neutral stance on GBP/USD unchanged for the time being, although a move lower to, initially, the 1.2770 region should not be ruled… 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.
