CME Group’s preliminary data for GBP futures markets noted investors added around 2.5K contracts to their open interest positions on Monday, extending the choppy activity. Volume, instead, shrunk for the second session in a row, now by nearly 58.4K contracts. GBP/USD tough hurdle lines up at 1.2300 Cable‘s pullback at the beginning of the week was on the back of rising open interest and declining volume, leaving the scenario unclear and thus further consolidation is most likely in the near term at least, and always with Brexit headlines as the exclusive driver of the price action. 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 GBP/USD looks to extend the range trading – UOB FX Street 4 years CME Group's preliminary data for GBP futures markets noted investors added around 2.5K contracts to their open interest positions on Monday, extending the choppy activity. Volume, instead, shrunk for the second session in a row, now by nearly 58.4K contracts. GBP/USD tough hurdle lines up at 1.2300 Cable's pullback at the beginning of the week was on the back of rising open interest and declining volume, leaving the scenario unclear and thus further consolidation is most likely in the near term at least, and always with Brexit headlines as the exclusive driver of the price action. 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.
