Brexit getting closer and the GBP has been weak for a very long time, there has been some heavy buying lately, the slightest news of a positive deal between the UK and the EU has shown bullshit spikes. There is a lot of upside for the sterling and i still consider it at a discount.
評論:
Gap down due to the Brexit uncertainty, gap has been closed but large speculators have pulled their long positions and added shorts. Trade should play out if Brexit news is positive, meaning a good trade deal.
BRITISH POUND STERLING - CHICAGO MERCANTILE EXCHANGE Code-096742
FUTURES ONLY POSITIONS AS OF 10/09/18 |
--------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|-----------------|-----------------|-----------------
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF GBP 62,500) OPEN INTEREST: 210,549
COMMITMENTS
30,186 90,693 4,031 154,862 78,777 189,079 173,501 21,470 37,048
CHANGES FROM 10/02/18 (CHANGE IN OPEN INTEREST: 54)
-600 567 843 -2,327 253 -2,084 1,663 2,138 -1,609
PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
14.3 43.1 1.9 73.6 37.4 89.8 82.4 10.2 17.6
NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 124)
22 47 19 33 43 68 96
BRITISH POUND STERLING - CHICAGO MERCANTILE EXCHANGE Code-096742
FUTURES ONLY POSITIONS AS OF 10/09/18 |
--------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|-----------------|-----------------|-----------------
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF GBP 62,500) OPEN INTEREST: 210,549
COMMITMENTS
30,186 90,693 4,031 154,862 78,777 189,079 173,501 21,470 37,048
CHANGES FROM 10/02/18 (CHANGE IN OPEN INTEREST: 54)
-600 567 843 -2,327 253 -2,084 1,663 2,138 -1,609
PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
14.3 43.1 1.9 73.6 37.4 89.8 82.4 10.2 17.6
NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 124)
22 47 19 33 43 68 96
評論:
WIll be updated weekly.