Pound

British Pound

Week of September 29, 2026

BEARISH

Smart money is net long and reducing.

2Y percentile: 1st, Extremely low (historically rare)

Weekly change: -8,633 contracts

Weekly Changes

Asset Managers
-12.7K
Leveraged Funds
-8.6K
Dealers
+26.5K
Other Reportable
-424

Positioning Percentile (2Y)

Asset Managers
3rdExtremely low (historically rare)
050100
Leveraged Funds
1stExtremely low (historically rare)
050100
Dealers
99thExtremely high (historically rare)
050100
Other Reportable
33rdBelow average
050100
Full Stats Table
Trader TypeNet PositionWeekly Change2Y Percentile5Y Percentile
Asset Managers-128.5K-12.7K3rd1st
Leveraged Funds+4.6K-8.6K1st13th
Dealers+134.6K+26.5K99th100th
Other Reportable-888-42433rd68th

About Pound Positioning

Sterling positioning tracks UK monetary policy expectations and broader risk sentiment. The pound tends to be a high-beta currency: it moves fast when positioning gets crowded in either direction.