Investors added nearly 2.2K contracts to their open interest positions on Wednesday, while volume increased the most since March 14, this time by almost 81K contracts.
GBP/USD faces downside pressure
Cable is extending the choppy trade so far today, challenging at the same time the 10-day and 21-day SMAs in the 1.2680/90 band. The likeliness of further downside remains well on the cards against the backdrop of rising open interest and volume.
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