British Pounds - Total o/i 148065; spreads 2591 (= 1.8%).Nett differences:
Commercials +66356 (from +60256). Large Specs -49653 (from -37446). Small Specs -16703 (from -22810).
Commercials (52.1% of total o/i) - 74.9% of Longs, 29.3% of Shorts, balance plus 45.6
Large Specs (30.2% of total) - 13.2% of Longs, 47.3% of Shorts, balance minus 34.1Small Specs (17.7% of total) - 11.9% of Longs, 23.4% of Shorts, balance minus 11.5
Prices at last Tuesday's close were higher again, at around 1.5370 (and have fluctuated around that level since then). Commercials stayed with their long positions, but reduced shorts, moving longer overall both on nett and proportional figures. Small Specs added to longs and reduced shorts, but not excessively, leaving their positions moderate in every sense. With no excesses showing, these figures suggest the Pound should remain steady, but unexcitingly so.