CFTC GBP Non-Commercial Net Positions Reported at -55.6K
| Pair | Now | Since publish |
|---|---|---|
| GBPUSD | — | — |
The CFTC reported that Non-Commercial Net Positions in GBP came in at -55.6K. This figure represents a decrease in net short positions compared to the previous reading of -71.3K. No consensus figure was available for this release.
Following the release, the British Pound showed limited movement against major currencies in the initial 15 minutes. GBPUSD moved up +0.6 pips, while EURGBP saw a +2.0 pips increase. GBPCAD also moved up +0.4 pips. Other GBP pairs registered declines, with GBPAUD down -4.6 pips, GBPCHF down -3.1 pips, GBPJPY down -2.6 pips, and GBPNZD down -5.3 pips. These observed moves are generally small when compared to the typical median 1-hour moves after past releases. For example, GBPUSD typically sees a median 1-hour move of 4 pips, EURGBP 2 pips, GBPAUD 6 pips, GBPCAD 6 pips, GBPCHF 4 pips, GBPJPY 6 pips, and GBPNZD 7 pips.