What is Open interest? How can I use it to trade GBP/USD Futures?

Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For GBP/USD Futures this number is 0. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for GBP/USD Futures shows that traders are closing their positions, which means a weakening trend.

Products
Community
Markets
News
Brokers
More

Get started

Markets
European Union
Futures
FCPUM2021

FFF

GBP/USD Futures

No trades

See on Supercharts

Overview

News Ideas Forward curve Contracts

GBP/USD Futures chart

Contract highlights

Volume

—

Open interest

—

Contract size

100000

Month

Jun 2021

Settlement day

Jun 14, 2021

Ideas

POUND FUTURES SELL SHORT Waiting for rejection off the liquidity zone. Then I will look to sell from that zone. Selling only after the break below the HMA and the retest of the liquidity zone **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*

Short

by MOGBEBOR

Updated

GBP futures 19/04/2024 We took a trade previously on GBP with a loss of 0.5% - short, then took another trade after NFP confirmed direction on a swing strategy. along with COT data which helped to confirm the short sizing by the large contract holders we taken another short.

Short

by insanemalin

British Pound H&S I don't like trading GBP but this pattern seems intereting. British Pound is forming a H&S formation, a the neckline in this moement. Short trade.

Short

by LEONES

GBP futures 4/11/2024 Prior to CPI and Prior to 4 weeks before the CPI of 4/11/2024 We had 4 weeks of sell signals through COT report. Date - Net position 03/19/24 -78,920 3/12/24 -78,920 3/5/24 -64,123 27/2/24 -51,590 Because of these net position changes I have decided to short GBP. So far Cotton short trade

Short

by insanemalin

GBP turning the ship around We like the weekly price action in cable futures and would flip from short to long. (Did you at least trim your short position when daily PA started getting hot the other week?) Keep an eye on the monthly chart too.

by SwingWaiter

GBP/USD ;) Liquidity grab in the market Trendline creating strong support but also a lot of liquidity My guess is Market will grab liquidity and Then Move Foward Only if Confirmation.

Short

by Giopetit94

Elliot wave + H&S Pattern Big time frame show down trend In my opinion correction is over and price seem to continue go down Flat correction ABC and head and shoulder look confluent so I used it entry this order 1.200 is target with about 2 RR

Short

by tofinse

GBPUSD 6B - Bears to Dominate Next Week?📉Bearish Bias Next Week 📉 🔴Weekly IRL Tagged 🔴Strong H4 Selloff After W-IRL Tagged 🔴Looking to Short into Weekly ERL 🎯Target: 1.2043

Short

by Tradius_Trades

Selling climax already finished ?By Wyckoff logic selling climax might already pass so mean reversal strategy use in this trade setup momentum bullish divergence indicator such as ROC and MACD confirm this entry

Long

by tofinse

6BV3 On the backside of the short we can ape in for the bounce off the bottom, would not recommend futures as the open interest on the contracts will be low, options is how to play this. Safe side is sell the put (don't advise selling naked unless you can manage the trade at all hours) or a credit sprea

Long

by kewlkat

Updated

See all ideas

News

Keep reading

Forward curve

A representation of what an asset is worth today and what the market thinks it will be worth in the future.

Futures brokers

Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.

TradeStation

Featured

Stocks, Futures

4.4Very Good

4.5Great

4.4Very Good

See all brokers

Frequently Asked Questions

The nearest expiration date for GBP/USD Futures is Jun 14, 2021.

The best time to sell a futures contract is when you've already made money on the investment, but still have plenty of time left before the expiration date. Thus, a good option would be to sell GBP/USD Futures before Jun 14, 2021.

Love in every #TradingView

60M+

Traders and investors use our platform.

Top website in the world when it comes to all things investing.

1.5M+

Mobile reviews with 4.9 average rating. No other fintech apps are more loved.

10M+

Custom scripts and ideas shared by our users.