British Pounds - Total o/i 145033; spreads 3074 (= 2.1%).Nett differences:
Commercials +55108 (from +46553). Large Specs -34259 (from -31324). Small Specs -20849 (from -15229).
Commercials (46.6% of total o/i) - 66.0% of Longs, 27.2% of Shorts, balance plus 38.8
Large Specs (34.1% of total) - 22.1% of Longs, 46.2% of Shorts, balance minus 24.1Small Specs (19.3% of total) - 11.9% of Longs, 26.6% of Shorts, balance minus 14.7
Prices at last Tuesday's close (when these positions were noted) were low, at around 1.4865. Since then, the Pound has improved to nearer 1.52 before falling back towards 1.51. Position moves of the previous week have continued, with Commercials adding considerably to their longs (although they also added [less] to shorts); on balance, they moved longer. Small Specs added to shorts. These figures continue to
suggest further improvement by the Pound against the Dollar.