MRCI's Futures Highlight - British Pound(CME)

MRCI's Futures Highlight - British Pound(CME)

MRCI hopes this profile of the CME British Pound futures contract, with its statistics and feature studies, will help you derive wise trading decisions from its presentation of long-term perspective, computer analysis, and historical background. This additional history is designed to complement the body of knowledge contained in any seasonal patterns and strategies published. The weekly and monthly charts on this page depict prices for nearby contracts, which most closely reflect the underlying cash market.

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved
Some data provided by barchart

The table below offers a statistical analysis of historical daily trading in the CME British Pound futures. The average range for each day of the week in each year and overall has been computed for purposes of comparison and further insight into the dynamics of this market. (from futstats, but I don't currently have it available for include)

MRCI's Nearby Futures Range Detail for British Pound(CME) from 1/1976 - 3/2024
Calendar Year	Monday Avg Rng	Tuesday Avg Rng	Wednesday Avg Rng	Thursday Avg Rng	Friday Avg Rng	Yearly Avg Rng
1976	1.17($730)	0.97($607)	1.06($665)	1.06($665)	0.91($569)	1.04($647)
1977	0.65($408)	0.49($308)	0.52($327)	0.47($296)	0.42($265)	0.51($319)
1978	1.24($776)	1.27($794)	1.43($892)	1.37($858)	1.47($916)	1.36($849)
1979	1.49($932)	1.74($1088)	1.47($920)	1.53($955)	1.43($896)	1.53($959)
1980	1.90($1188)	1.74($1090)	1.75($1094)	1.56($973)	1.71($1068)	1.73($1082)
1981	2.65($1657)	2.13($1331)	2.19($1367)	2.23($1392)	2.17($1358)	2.27($1419)
1982	1.69($1058)	1.56($975)	1.35($844)	1.42($888)	1.52($951)	1.51($942)
1983	1.43($894)	1.10($686)	1.07($667)	1.13($707)	1.08($676)	1.16($723)
1984	1.23($767)	1.24($776)	1.22($763)	1.19($742)	1.24($778)	1.22($765)
1985	1.71($1070)	1.77($1109)	1.70($1066)	1.78($1114)	1.64($1024)	1.72($1076)
1986	1.51($943)	1.42($887)	1.25($781)	1.44($901)	1.47($916)	1.42($885)
1987	1.36($852)	1.42($888)	1.19($744)	1.36($849)	1.45($904)	1.35($847)
1988	1.44($897)	1.53($957)	1.42($888)	1.21($758)	1.58($985)	1.44($897)
1989	1.58($990)	1.62($1011)	1.43($896)	1.53($958)	1.62($1013)	1.56($973)
1990	1.50($939)	1.41($883)	1.27($796)	1.45($905)	1.59($991)	1.44($903)
1991	1.85($1154)	1.71($1070)	1.61($1005)	1.57($982)	2.08($1303)	1.76($1103)
1992	1.94($1213)	1.72($1075)	1.82($1137)	1.95($1222)	2.22($1386)	1.93($1204)
1993	1.52($949)	1.61($1005)	1.39($866)	1.57($980)	1.73($1081)	1.56($976)
1994	0.94($587)	0.88($553)	0.98($613)	1.05($655)	1.14($712)	1.00($625)
1995	1.11($691)	1.09($680)	1.06($664)	1.40($877)	1.34($839)	1.20($751)
1996	0.69($430)	0.75($469)	0.82($510)	0.80($502)	0.89($554)	0.79($494)
1997	1.16($728)	1.12($700)	1.20($748)	1.12($700)	1.16($724)	1.15($720)
1998	1.06($661)	0.93($581)	1.00($623)	1.13($705)	1.16($722)	1.05($658)
1999	0.92($573)	0.99($617)	0.99($621)	1.03($643)	0.92($574)	0.97($606)
2000	0.97($605)	1.10($687)	1.07($668)	1.12($700)	1.26($789)	1.11($691)
2001	0.85($531)	1.00($625)	1.00($622)	1.02($639)	1.04($648)	0.98($615)
2002	1.01($631)	1.18($739)	1.02($637)	0.99($622)	1.00($625)	1.04($652)
2003	1.30($815)	1.35($845)	1.38($863)	1.37($858)	1.35($841)	1.35($845)
2004	1.46($915)	1.86($1160)	1.86($1165)	1.69($1057)	1.98($1238)	1.78($1111)
2005	1.48($927)	1.40($872)	1.54($961)	1.45($909)	1.50($935)	1.47($921)
2006	1.32($827)	1.43($893)	1.26($787)	1.46($910)	1.56($978)	1.41($880)
2007	1.27($795)	1.32($825)	1.50($940)	1.31($819)	1.43($895)	1.37($856)
2008	2.65($1658)	2.45($1532)	2.43($1519)	2.21($1381)	2.30($1438)	2.41($1505)
2009	2.36($1475)	2.38($1490)	2.20($1372)	2.36($1477)	2.27($1418)	2.31($1446)
2010	1.57($982)	1.79($1119)	1.56($974)	1.72($1076)	1.73($1082)	1.68($1048)
2011	1.39($870)	1.48($922)	1.57($982)	1.47($919)	1.38($863)	1.46($912)
2012	0.83($522)	0.92($575)	1.00($623)	1.06($660)	1.17($729)	1.00($623)
2013	0.93($584)	1.03($645)	1.30($813)	1.25($779)	1.22($765)	1.15($718)
2014	0.82($515)	0.91($571)	1.00($628)	0.88($553)	0.90($562)	0.91($567)
2015	1.06($664)	1.26($787)	1.36($852)	1.32($825)	1.30($814)	1.26($790)
2016	1.44($898)	1.58($989)	1.31($816)	1.48($927)	1.88($1175)	1.54($962)
2017	0.93($584)	1.17($728)	0.99($621)	1.06($663)	1.09($679)	1.05($656)
2018	1.03($645)	1.13($708)	1.13($703)	1.19($742)	1.09($683)	1.12($697)
2019	0.86($536)	1.13($707)	0.96($602)	1.09($683)	1.10($686)	1.03($644)
2020	1.32($823)	1.35($845)	1.36($847)	1.36($850)	1.34($836)	1.34($841)
2021	0.87($545)	0.93($582)	0.92($572)	0.97($603)	0.99($617)	0.93($584)
2022	1.35($841)	1.37($855)	1.37($854)	1.48($928)	1.35($845)	1.38($865)
2023	0.88($547)	1.03($641)	1.03($645)	1.12($698)	1.06($661)	1.03($641)
2024	0.62($391)	0.87($544)	0.68($424)	0.87($546)	0.83($516)	0.78($488)

What other characteristics do CME British Pound futures exhibit for various days of the week? We ran various studies for the last 180 calendar days of trading prior to trading prior to expiration for each contract. (from futstats, but I don't currently have it available for include)

MRCI's Nearby Futures Summary for British Pound(CME) from 1/1976 - 3/2024
Summary Item	Monday Summary	Tuesday Summary	Wednesday Summary	Thursday Summary	Friday Summary	Yearly Summary
Range	1.33($830)	1.35($842)	1.32($823)	1.35($843)	1.40($872)	1.35($842)
Closed Up	1172(51%)	1237(50%)	1272(51%)	1191(49%)	1153(47%)	6025(50%)
Closed Dn	1079(47%)	1203(48%)	1170(47%)	1219(50%)	1240(51%)	5911(49%)
Closed Uchg	32(1%)	51(2%)	54(2%)	38(2%)	42(2%)	217(2%)
Gapped up	327(14%)	329(13%)	333(13%)	273(11%)	226(9%)	1488(12%)
Un-filled Gaps Up	182(56%)	141(43%)	151(45%)	116(42%)	99(44%)	689(46%)
Gapped Down	328(14%)	327(13%)	280(11%)	278(11%)	303(12%)	1516(12%)
Un-filled Gaps Down	148(45%)	141(43%)	111(40%)	108(39%)	117(39%)	625(41%)

Daily Percent Change Summary for British Pound(CME)
UNCH	>0%- <1%	+1%- <2%	+2%- <3%	+3%- <4%	+4%- <5%	+5%- <6%	+6%- <7%	+7%- <8%	+8%- <9%	+9%- <10%	+10%- <20%	>+20%
217	5422	546	42	13	2	0	0	0	0	0	0	0
	<0%- >-1%	-1%- >-2%	-2%- >-3%	-3%- >-4%	-4%- >-5%	-5%- >-6%	-6%- >-7%	-7%- >-8%	-8%- >-9%	-9%- >-10%	-10%- >-20%	<-20%
	5292	544	63	8	2	1	0	1	0	0	0	0

The table below represents yearly low, high, last yield in the cash market for the CME British Pound futures contracts. Quotes are from daily cash market price activity.

British Pound: NY 3:30PM - Mar 1, 2023
	Period Low(Jan-Dec)		Period High(Jan-Dec)		Last Day		Average
Year	Date	Price	Date	Price	Date	Price	Price
2022	09/26/2022	103.49	01/13/2022	137.48	12/30/2022	120.97	123.59
2021	12/08/2021	131.64	06/01/2021	142.47	12/31/2021	135.21	137.52
2020	03/20/2020	114.11	12/31/2020	136.86	12/31/2020	136.61	128.36
2019	09/03/2019	119.58	12/13/2019	135.14	12/31/2019	132.57	127.67
2018	12/12/2018	124.73	04/17/2018	143.80	12/31/2018	127.60	133.47
2017	01/16/2017	119.84	09/20/2017	136.60	12/29/2017	135.06	128.90
2016	10/07/2016	118.39	06/24/2016	150.62	12/30/2016	123.23	135.44
2015	04/13/2015	145.65	06/18/2015	159.34	12/31/2015	147.44	152.83
2014	12/23/2014	154.88	07/15/2014	171.90	12/31/2014	155.77	164.74
2013	07/09/2013	148.12	12/31/2013	165.82	12/31/2013	165.71	156.47
2012	01/13/2012	152.34	09/21/2012	163.09	12/31/2012	162.39	158.52
2011	10/06/2011	152.71	04/28/2011	167.47	12/30/2011	155.35	160.38
2010	05/20/2010	142.32	01/19/2010	164.59	12/31/2010	156.08	154.55
2009	01/23/2009	135.04	08/05/2009	170.42	12/31/2009	161.49	156.73
2008	12/31/2008	143.54	03/14/2008	203.94	12/31/2008	146.12	185.19
2007	03/06/2007	191.86	11/09/2007	211.61	12/31/2007	198.48	200.20
2006	01/03/2006	171.91	12/01/2006	198.47	12/29/2006	195.78	184.42
2005	11/28/2005	170.47	03/08/2005	193.26	12/30/2005	172.08	181.91
2004	05/14/2004	174.82	12/16/2004	195.53	12/31/2004	191.88	183.35
2003	04/07/2003	154.63	12/31/2003	179.44	12/31/2003	178.60	163.64
2002	01/28/2002 01/29/2002	140.44	12/31/2002	161.33	12/31/2002	161.00	150.37
2001	06/12/2001	136.88	01/08/2001	151.00	12/31/2001	145.55	144.02
2000	09/12/2000	139.55	01/21/2000	165.81	12/29/2000	149.26	151.54
1999	07/09/1999	154.75	10/22/1999	167.91	12/31/1999	161.50	161.72
1998	08/17/1998	160.85	10/08/1998	173.65	12/31/1998	166.28	165.72
1997	08/08/1997	156.78	11/12/1997	171.45	12/31/1997	164.80	163.86
1996	05/01/1996	148.98	12/31/1996	171.63	12/31/1996	171.40	156.25
1995	12/08/1995	152.13	03/06/1995	165.70	12/29/1995	155.07	157.85
1994	02/10/1994	145.45	11/02/1994	164.40	12/30/1994	156.60	153.21
1993	02/15/1993	140.82	04/26/1993	159.71	12/31/1993	147.60	150.21
1992	12/28/1992	149.65	09/08/1992	201.00	12/31/1992	150.95	176.36
1991	07/02/1991	159.95	02/06/1991	200.40	12/31/1991	186.55	176.85
1990	03/21/1990	158.85	10/08/1990	198.75	12/31/1990	193.20	178.67
1989	06/15/1989	149.35	01/03/1989	183.05	12/29/1989	161.10	163.82
1988	07/18/1988	165.65	04/18/1988	190.55	12/30/1988	181.15	178.08

The table below represents Scenario Analysis for the July British Pound(CME) futures contracts.

Scenario^SM Study for June British Pound(CME) as of Feb 28, 2023
Condition 1: Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months.
Tested Month	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May
Tested Years		29	32	36	45	45	45	45	45	45	45	45
Closed Higher		19	11	20	24	18	24	17	22	20	31	16
Exceeded High		14	9	14	18	15	16	11	15	17	18	10
Scenario Percentage		74%	82%	70%	75%	83%	67%	65%	68%	85%	58%	63%
Avg Max Increase		2.68%	4.32%	4.64%	4.03%	3.64%	3.25%	3.26%	3.75%	3.93%	3.38%	1.75%
Max Increase		6.12%	9.64%	14.16%	10.02%	9.10%	7.63%	8.23%	9.18%	12.92%	12.45%	3.32%
Avg Days To Max Increase		16	16	18	16	20	16	16	18	21	14	8
Avg Max Decline		-1.57%	-0.44%	-0.67%	-0.72%	-1.11%	-0.62%	-0.78%	-1.18%	-1.44%	-1.06%	-0.48%
Max Decline		-8.30%	-1.45%	-2.05%	-2.93%	-3.72%	-1.86%	-2.63%	-2.69%	-5.11%	-4.15%	-1.16%
Avg Days to Max Decline		9	8	13	7	9	5	8	8	8	8	3
2023 Contract Condition					Yes	Yes		Yes
Action					Yes	Yes		Not Yet

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.

Condition 2: Lower Monthly Close.
Action ---> Sell that month's close with objective of penetrating month's low within 2 months.

Tested Month

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Tested Years

Closed Lower

Penetrated Low

Scenario Percentage

90%

76%

75%

70%

67%

86%

79%

83%

67%

93%

48%

Avg Max Decline

4.03%

4.09%

4.56%

3.36%

3.93%

4.55%

4.23%

4.06%

3.59%

3.78%

2.52%

Max Decline

11.31%

15.10%

17.67%

10.35%

12.31%

11.23%

13.67%

11.97%

7.53%

10.87%

7.80%

Avg Days To Max Decline

Avg Max Increase

-0.41%

-1.11%

-0.92%

-1.08%

-1.43%

-1.06%

-0.90%

-1.21%

-1.30%

-0.71%

-0.73%

Max Increase

-1.10%

-3.73%

-2.54%

-4.57%

-6.02%

-5.37%

-3.42%

-4.19%

-3.61%

-1.72%

-2.19%

Avg Days to Max Increase

2023 Contract Condition

Yes

Action

Yes

Not Yet

High

126.77

123.23

123.78

117.70

116.87

122.09

124.95

124.82

124.37

Low

120.67

118.63

116.36

104.41

109.46

112.28

120.42

118.87

119.48

Close/Last

122.74

122.63

116.45

111.44

115.31

121.13

121.07

123.56

120.81

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