According to advanced data for GBP futures markets from CME Group, open interest increased for yet another session on Monday, this time by almost 13K contracts, the largest single-day build so far this year. In the same line, volume rose by around 57.9K contracts. GBP/USD door open for extra decline Cable is already trading in 2-year lows in the mid-1.2100s at the time of writing, always on the back of the deteriorated scenario around Brexit. Rising open interest and volume leaves room for a deeper retracement that should meet the next support at 2017 lows at 1.1986 (January 16). 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 BoJ: Unchanged policy – TDS FX Street 4 years According to advanced data for GBP futures markets from CME Group, open interest increased for yet another session on Monday, this time by almost 13K contracts, the largest single-day build so far this year. In the same line, volume rose by around 57.9K contracts. GBP/USD door open for extra decline Cable is already trading in 2-year lows in the mid-1.2100s at the time of writing, always on the back of the deteriorated scenario around Brexit. Rising open interest and volume leaves room for a deeper retracement that should meet the next support at 2017 lows at 1.1986 (January 16). 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.
