GBP FUTURES
GBP/USD
Date 26/01/2012
Total Open Interest 188,833
Net Marginal Change -1,207
Marginal Accumulation -25,957
Change in Total OI (%) -12.2
And another day of open interest decline in British Pound futures. This time traders dropped 1,207 at the rising prices. The total decline in OI since 13th Jan amounts to 12.2%. This is a significant level to reverse the bearish trend. We recommend buying GPB/USD on pullbacks.
GBP/USD
Date 26/01/2012
Total Open Interest 188,833
Net Marginal Change -1,207
Marginal Accumulation -25,957
Change in Total OI (%) -12.2
And another day of open interest decline in British Pound futures. This time traders dropped 1,207 at the rising prices. The total decline in OI since 13th Jan amounts to 12.2%. This is a significant level to reverse the bearish trend. We recommend buying GPB/USD on pullbacks.