Open interest in GBP futures markets rose once again on Wednesday, this time by nearly 13.9K contracts, the largest single-day build so far this year according to flash data from CME Group. Volume rose too, now by around 21.5K contracts, reaching the third build in a row. GBP/USD stays focused on 1.1985, 2017 lows The leg lower in Cable remains sustained by increasing open interest and volume, allowing at the same time further pullbacks to, initially, the 2017 lows in sub-1.2000 levels. The Sterling is seen under intense pressure in response to rising likeliness of a Brexit ‘no deal’ scenario. 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 UK Junior FinMin Sunak: Employment picture is very strong in UK economy FX Street 4 years Open interest in GBP futures markets rose once again on Wednesday, this time by nearly 13.9K contracts, the largest single-day build so far this year according to flash data from CME Group. Volume rose too, now by around 21.5K contracts, reaching the third build in a row. GBP/USD stays focused on 1.1985, 2017 lows The leg lower in Cable remains sustained by increasing open interest and volume, allowing at the same time further pullbacks to, initially, the 2017 lows in sub-1.2000 levels. The Sterling is seen under intense pressure in response to rising likeliness of a Brexit 'no deal' scenario. 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.
