CME Group’s flash data for GBP futures markets noted investors added around 52.4K contracts to their open interest positions on Tuesday, reversing the previous drop. On the opposite direction, volume reversed five consecutive builds and retreated by nearly 27K contracts. GBP/USD targets the 1.30 area Cable’s uptick on Tuesday was in tandem with rising open interest, which should be supportive of the continuation of the move up in the near term. The down tick in volume, on the other hand, could remove some tailwinds from the expected recovery and trigger some rangebound trading in the near-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 Forex Today: Biden boosts mood after Fed’s coronavirus cut fails, critical US data eyed FX Street 3 years CME Group’s flash data for GBP futures markets noted investors added around 52.4K contracts to their open interest positions on Tuesday, reversing the previous drop. On the opposite direction, volume reversed five consecutive builds and retreated by nearly 27K contracts. GBP/USD targets the 1.30 area Cable’s uptick on Tuesday was in tandem with rising open interest, which should be supportive of the continuation of the move up in the near term. The down tick in volume, on the other hand, could remove some tailwinds from the expected recovery and trigger some rangebound trading in the near-term horizon. 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.
