CME Group’s flash data for GBP futures markets saw open interest and volume shrinking by nearly 1.3K contracts and around 40.5K contracts, respectively, on Wednesday. GBP/USD faces a tough hurdle at 1.2200 Cable‘s negative price action yesterday was accompanied by declining open interest and volume, allowing for some U-turn in the short-term horizon. That said, while occasional bullish attempts are not ruled out, the important 1.2200 handle is seen capping the upside 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 ECB Minutes and global PMIs amongst market movers today – Danske Bank FX Street 4 years CME Group's flash data for GBP futures markets saw open interest and volume shrinking by nearly 1.3K contracts and around 40.5K contracts, respectively, on Wednesday. GBP/USD faces a tough hurdle at 1.2200 Cable's negative price action yesterday was accompanied by declining open interest and volume, allowing for some U-turn in the short-term horizon. That said, while occasional bullish attempts are not ruled out, the important 1.2200 handle is seen capping the upside for the time being. 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.
