COT data of Jan 28th 2014 - British Pound [BP]

British Pounds - Total o/i  218738; spreads 3783 (= 1.7%).  Closing price on Jan 28th 1.6585

Nett differences:
Commercials -40778 (from -23819)  Large Specs +22172 (from +8720)  Small Specs +18606 (from +15099)
 
Proportions:

Commercials (61.4% of total o/i) - 51.9% of Longs, 70.9% of Shorts, balance minus 19.0

Large Specs (24.3% of total) - 29.5% of Longs, 19.2% of Shorts, balance plus 10.3
Small Specs (14.3% of total) - 18.6% of Longs, 9.9% of Shorts, balance plus 8.7

 

Commercials have swung back to a more normal nett short of the Pound, while Small Specs have moved longer again. We're moving from slightly bullish to more definitely bearish on Sterling.