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GBP futures: cautious ahead of Brexit vote

Open interest in GBP futures markets dropped by around 2.5K contracts on Tuesday from Monday’s 212,424 contracts, according to preliminary data from CME Group. On the other hand, volume increased by more than 3.1K contracts following three drops in a row.

GBP/USD upside limited near 1.2800

The recent up move in Cable appears to have found strong resistance just below 1.2800 the figure. Choppy activity in open interest prompts some consolidative trading in the near term, always looking to developments in the Brexit negotiations.

AUD/GBP likely to retest 0.5800 - Westpac

According to Sean Callow, analyst at Westpac, the recent market flirtation with RBA easing may prove fleeting with AUD’s main challenge being the frag
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FX option expiries for Jan 9 NY cut

FX option expiries for Jan 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1410 540m - GBP/USD: GBP amoun
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