Nett differences: Commercials -45320 (from -51251) Large Specs +34974 (from +35304)
Small Specs +18346 (from +15947)
Commercials (62.7% of total o/i) -
53.1% of Longs (from 51.4%), 72.3% of Shorts (vs 73.2%), balance minus 19.2 (vs minus 21.8)
Large Specs (26.2% of total) -
33.6% of Longs (from 33.3%), 18.8% of Shorts (vs 18.3%), balance plus 14.8 (vs plus 15.0)
Small Specs (11.1% of total) -
13.3% of Longs (from 15.3%), 8.9% of Shorts (vs 8.5%), balance plus 4.4 (vs plus 6.8)
Commercials added to longs and reduced shorts, thus continuing the trend that was briefly interrupted last week. Large Specs added slightly to both longs and shorts, with little nett change. Small Specs reduced longs considerably and added slightly to shorts. On balance, it all looks a shade bullish for the Pound.
(The Dollar Index may confirm this view, with Commercials adding to nett shorts, although Large Specs - who hold around 3/4 of the total o/i - went nett long, from short).