Open interest in GBP futures markets dropped by around 3.2K contracts on Friday according to preliminary data from CME Group. Volume followed suit and shrunk by nearly 29K contracts. GBP/USD faces strong hurdle around 1.23 Cable appears to have found a tough resistance in recent tops around the 1.2300 handle. Declining open interest and volume should remove tailwinds from extra upside in the near term, leaving Friday’s tops near 1.2300 as an interim hurdle. 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 US Pres. Trump: China called US, they want to come back to negotiating table – Risk rebounds FX Street 4 years Open interest in GBP futures markets dropped by around 3.2K contracts on Friday according to preliminary data from CME Group. Volume followed suit and shrunk by nearly 29K contracts. GBP/USD faces strong hurdle around 1.23 Cable appears to have found a tough resistance in recent tops around the 1.2300 handle. Declining open interest and volume should remove tailwinds from extra upside in the near term, leaving Friday's tops near 1.2300 as an interim hurdle. 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.
