CFTC Commitments of Traders: Sterling longs get caught wrong-footed
Forex futures net speculative positions as of the close of business on Tuesday October 3, 2017:
– EUR long 91K vs 88K long last week.
– GBP long 20K vs 5K long last week.
The market was betting against the pound for months, then bailed over the last two weeks only to see it crumble again.