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Speculators Bet Big Against the Pound
16 Mar
Summary
- Large speculators increased their net short position in the Pound.
- The net short position reached a three-month high as of March 10, 2026.
- Speculative bets against the Pound rose by 11,511 contracts weekly.

Large currency speculators have amplified their negative bets on the British Pound. According to the latest Commitment of Traders (COT) data, the net short position held by non-commercial traders and hedge funds in Pound futures reached a significant three-month high.
As reported through March 10, 2026, these speculative contracts amounted to a net short position of 84,197. This figure reflects a notable increase of 11,511 net short contracts within the past week alone, signaling a strengthening bearish outlook among major market participants.
The growing short interest suggests that large speculators are anticipating a further decline in the value of the Pound. This trend indicates a notable shift in market sentiment and positions within the currency futures market.




