FX.co ★ Speculators Deepen Net Short Bets on Pound as CFTC Data Shows Growing Bearishness

Net speculative positioning in the British pound has turned more negative, according to the latest data on CFTC GBP speculative net positions released on 12 June 2026. The current reading fell to -64.2K, compared with a previous level of -52.2K, signaling an increase in net short positions held by speculative traders.

The widening negative balance indicates that market participants have become more bearish on sterling, with a larger number of traders betting on a decline in the pound’s value versus major counterparts. The shift from -52.2K to -64.2K underscores a strengthening conviction among speculators that downside risks for the UK currency have grown in the latest reporting period.