Forex futures net speculative positions as of the close of business on Tuesday March 21, 2017:
– EUR short 20K vs 41K short last week. Shorts trimmed by 18K
– GBP short 108K vs 107K short last week. Shorts increased by 26K
GBP shorts had jumped in the previous two weeks. They inched higher here but it’s a marginal rise. Still, it’s not showing any rush to take profits ahead of Article 50.