Sunday 23 September 2012

COT data of Sept 18th, 2012 - British Pound [BP]

British Pounds - Values up again, to 1.6245 on Tuesday 18th; total o/i down, to 151,305, with spreads much lower, at 578.

Nett differences: 
Commercials -37352, from -14803.  Large Specs +14412, from -4366.  Small Specs +22940, from +19169.
 
Proportions:  
Commercials (50.5% of total o/i) - 38.1% of Longs, 62.9% of Shorts, balance minus 24.8
Large Specs (30.1% of total) - 34.9% of Longs, 25.3% of Shorts, balance plus 9.6 
Small Specs (19.4% of total) - 27.0% of Longs, 11.8% of Shorts, balance plus 15.2
 
Commercials have their biggest minus balance since early May, and Small Specs their largest plus balance -
we look for a fall in prices soon.

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