FX.co ★ Speculators Deepen Net Short Positions on Pound, CFTC Data Shows

Traders have increased their bearish bets on the British pound, according to the latest Commitments of Traders (CFTC) data updated on 06 March 2026. Speculative net positions in GBP fell further into negative territory, with net shorts widening from -57.1K to -72.7K contracts.

The shift indicates a growing pessimism among speculative investors toward the UK currency, as a larger negative figure reflects an expansion of net short positions versus longs. Market participants will likely view this move as a sign of mounting skepticism over the pound’s near-term prospects, with positioning data suggesting that many traders expect continued weakness in GBP against major counterparts.