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Back Fundamental analysis
GBP/USD: COT Report on BRITISH POUND (CME) as of June 2, 2026
The three-week dynamics paint a stable
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The three-week dynamics paint a stable picture: speculators are methodically reducing their longs, while hedgers are sending mixed signals.Open Interest: 282,065 contracts (each contract = £62,500). Decreased by 3,582 over the week (compared to +2,004 a week earlier—indicating the market began to compress).Non-Commercial Traders – SpeculatorsLong: 57,978 (20.6%) – decreased by 10,097 (from 68,075 on May 19 / 23.8%)Short: 119,376 (42.3%) – decreased by 13,006 (from 132,382 on May 19 / 46.3%)Spreads: 4,009 (1.4%) – increased by 1,721Speculators simultaneously closed
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Maxim Magdalinin
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