CME Group’s advanced figures for GBP futures markets noted investors added more than 1K contracts to their open interest positions on Thursday, reversing two consecutive pullbacks. Volume, instead, shrunk by around 34.2K contracts and extended the choppy performance further. GBP/USD could still test 1.2880 Cable dropped and tested fresh yearly lows near 1.2920 on Thursday. Rising open interest allow for a deeper pullback in the short-term with the next target at the 100-day SMA in the 1.2880 region. 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 Indonesia: 2020 GDP seen at 5.2% – UOB FX Street 2 years CME Group’s advanced figures for GBP futures markets noted investors added more than 1K contracts to their open interest positions on Thursday, reversing two consecutive pullbacks. Volume, instead, shrunk by around 34.2K contracts and extended the choppy performance further. GBP/USD could still test 1.2880 Cable dropped and tested fresh yearly lows near 1.2920 on Thursday. Rising open interest allow for a deeper pullback in the short-term with the next target at the 100-day SMA in the 1.2880 region. 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.