Open interest in GBP futures markets rose by nearly 6.5K contracts on Tuesday vs. Monday’s final 227,152 contracts. Volume followed suit, rising by around 14.7K contracts and reverting two consecutive drops. GBP/USD looks to 1.2660 The selling mood around the Sterling remains unabated so far. Tuesday’s increase in volume and open interest coupled with declining prices is a bearish sign that allows for the continuation of the down trend in GBP/USD towards the 1.2660 region, or yearly lows. 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 Eurozone: GDP likely to grow at 1.9% in 2018 – Danske Bank FX Street 4 years Open interest in GBP futures markets rose by nearly 6.5K contracts on Tuesday vs. Monday's final 227,152 contracts. Volume followed suit, rising by around 14.7K contracts and reverting two consecutive drops. GBP/USD looks to 1.2660 The selling mood around the Sterling remains unabated so far. Tuesday's increase in volume and open interest coupled with declining prices is a bearish sign that allows for the continuation of the down trend in GBP/USD towards the 1.2660 region, or yearly lows. 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.
