In light of advanced data for GBP futures markets from CME Group, investors shrunk their open interest positions by almost 4K contracts on Tuesday following three builds in a row. In the same line, volume went down by nearly 50K contracts, prolonging the choppy activity. GBP/USD: Gains looks capped by 1.3200 Cable’s rebound from yearly lows on Tuesday was on the back of shrinking open interest and volume, hinting at the likeliness that the continuation of the upside is expected to falter in the short-term horizon. Against this backdrop, recent tops near 1.3200 the figure are seen capping any bullish attempt for the time being. 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 Malaysia: Exports expected to expand 2.0% in 2020 – UOB FX Street 2 years In light of advanced data for GBP futures markets from CME Group, investors shrunk their open interest positions by almost 4K contracts on Tuesday following three builds in a row. In the same line, volume went down by nearly 50K contracts, prolonging the choppy activity. GBP/USD: Gains looks capped by 1.3200 Cable’s rebound from yearly lows on Tuesday was on the back of shrinking open interest and volume, hinting at the likeliness that the continuation of the upside is expected to falter in the short-term horizon. Against this backdrop, recent tops near 1.3200 the figure are seen capping any bullish… 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.
