British Pounds - Total o/i was barely changed, at 165369, with spreads very slightly lower, at 3151 (1.9% of the total).
Commercials +16548 (from +140). Large Specs +1174 (from +10622). Small Specs -17722 (from +10762). Commercials moved more vigorously to nett long, Small Specs went further short.
Commercials (52.4% of total o/i) - 57.5% of Longs, 47.3% of Shorts, balance plus 10.2
Large Specs (31.7% of total) - 32.0% of Longs, 31.3% of Shorts, balance plus 0.7
Small Specs (15.9% of total) - 10.5% of Longs, 21.4% of Shorts, balance minus 10.9
Even though Tuesday's close was down from the previous week, at a recent low of 1.5660, the market has rallied since then to close on Friday around 1.5800. The latest COT figures, with Commercials going longer and Small Specs going shorter, continue to suggest steadier conditions for the Pound.