Speculators reduced their net short position in sterling by 26,544 contracts, according to Commodity Futures Trading Commission data. The net short now stands at 80,420 contracts, down from 106,964 a week earlier, in the report of 20 October 2026. GBP/USD was quoted at $1.3370 at the time of measurement on 23 October 2026.
Recent Trading range
Over the past 31 days the pair has traded between a high of 1.3403 and a low of 1.3197. The rate currently sits in the upper part of that span.
The CFTC figures are weekly positioning data for speculative traders in the futures market, and they show the size of the net short rather than the direction of any single trade.
Positioning
The shift in the net short is the change reported in the data. The CFTC series records positions as of the report date, so the figures describe the week to 20 October rather than the price at 23 October.
Related: Speculators Add to Sterling Short Bets as Pound Trades at $1.3334 · Speculators Add to Euro Short Bets as EUR/USD Trades at $1.1239
Source: CFTC | Data: Swissquote
