Open interest and volume in GBP futures markets increased on Thursday by around 2.4K contracts and 11.5K contracts, respectively, as per advanced readings from CME Group. GBP/USD risks a test of 1.2770 Cable‘s drop on Thursday was on the back of rising open interest and volume, a sign that fresh sellers are entering the markets. That said, the door is now open for a deeper retracement with the next relevant target at monthly low near 1.2770. 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 Tezos gains 5% on a day-to-day basis amid bearish market FX Street 3 years Open interest and volume in GBP futures markets increased on Thursday by around 2.4K contracts and 11.5K contracts, respectively, as per advanced readings from CME Group. GBP/USD risks a test of 1.2770 Cable's drop on Thursday was on the back of rising open interest and volume, a sign that fresh sellers are entering the markets. That said, the door is now open for a deeper retracement with the next relevant target at monthly low near 1.2770. 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.
