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GBP futures: door open for further upside

Open interest in GBP futures markets rose for the second session in a row on Friday, this time by more than 3.2K contracts, according to advanced data from CME Group. In the same line, volume rose once again by around 7.8K contracts.

GBP/USD looks to Brexit

Cable is adding to Friday’s gains sustained by rising open interest and volume. Despite the apparent break in Brexit news, GBP/USD remains vigilant and well supported around the critical 1.3000 neighbourhood, with the next hurdle at the 21-day SMA in the 1.3120 region.

Norway Trade Balance declined to 13.9B in March from previous 15.8B

Norway Trade Balance declined to 13.9B in March from previous 15.8B
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Colombia Industrial ouput (YoY) below forecasts (3%) in February: Actual (2.8%)

Colombia Industrial ouput (YoY) below forecasts (3%) in February: Actual (2.8%)
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