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GBP Futures: Scope for a near-term bounce

Open interest rose for the second straight session on Tuesday, now by around 1.8K contracts as per flash data from CME Group. In addition, volume ticked higher by around 12.2K contracts, partially reversing the previous drop.

GBP/USD: Further rangebound stays on the cards

Cable’s ephemeral dip and rebound from sub-1.30 levels was amidst rising open interest and volume. That said, the probability of a rebound in the short-term horizon stays intact, although it should remain well within the prevailing consolidative theme.

Asian stocks rebound capped by Hang Sang's 2.5% slide

Asian equities miss portraying Wall Street-like rebound as reopening of Hong Kong’s markets weigh on the regional indices before the European open on Wednesday.
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Forex Today: Coronavirus surpasses SARS, Trump's impeachment gets interesting, Fed in focus

Here is what you need to know on Wednesday, January 29: Coronavirus: The respiratory disease has already infected 5,974 people, surpassing that of SAR
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