FX COT Update: GBP Record Short Position Now Fully Reversed

Non-Commercials reduced their net short positions in Sterling last week and flipped net-long, buying 15k contracts to take the total position to 5k contracts. The record GBP short position that began building in response to the June 2016 Brexit referendum has now finally been reversed as traders...

FX COT Update: GBP Record Short Position Now Fully Reversed