Sunday, 30 May 2010

British Pound COT at May 28th

Commercials added massively to their long positions, taking their share of total longs up to 84.1% (from 73.0% last week), while Small Specs liquidated longs (going to 8.6% of the total, from 20.1% last week). Large Specs barely changed their positions - it seems Sterling could be in for a rally.