British Pounds - (NB all figures were taken at the close of Dec 31st, owing to the holiday break). Total o/i on Dec 31st was lower, at 174676, with spreads remaining very low, at 129.
Commercials -61235 (from -62763). Large Specs +36308 (from +37321). Small Specs +24927 (from +25442).
Commercials (53.6% of total o/i) - 36.1% of Longs, 71.2% of Shorts, balance minus 35.1
Large Specs (29.2% of total) - 39.6% of Longs, 18.8% of Shorts, balance plus 20.8
Small Specs (17.2% of total) - 24.3% of Longs, 10.0% of Shorts, balance plus 14.3
There is nothing here to change our opinion - negative on the Pound.