FX.co ★ Speculative Bets Against Pound Deepen as CFTC Net Shorts Widen to -49.6K

Speculative traders increased their bearish bets on the British pound, with CFTC GBP speculative net positions falling further into negative territory, according to data updated on 4 September 2026.

Net positions declined from -44.5K previously to -49.6K, signaling a deeper net short stance among speculators. A reading below zero reflects that short positions outnumber long positions, indicating that market participants remain cautious or pessimistic about the near-term outlook for the UK currency.

The move suggests growing conviction among leveraged funds and other speculative traders that the pound may face continued pressure, though the data alone does not specify the underlying drivers behind the shift in positioning.