FX.co ★ Sterling Bears Ease Off: CFTC Data Shows Slight Reduction in GBP Short Positions

Speculative positioning in the British pound turned marginally less bearish, according to the latest Commitments of Traders data released on 30 October 2026. Net speculative positions in GBP improved to -79.4K contracts, from a previous reading of -80.4K.

The move represents a modest trimming of net short exposure, suggesting that while market participants remain broadly negative on sterling, some traders are beginning to pare back their bearish bets. For now, the overall positioning still signals caution toward the UK currency, but the incremental shift may hint at early signs of stabilisation in sentiment around the pound.