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Oct 13 - 06:55 AM

GBP/USD - Downside GBP/USD Protection Sought Over Big UK Data Prints

By Richard Pace  —  Oct 13 - 04:45 AM
  • Demand for 1-week GBP/USD put strike options noted over recent sessions

  • These would benefit from spot drop and/or higher implied volatility

  • Likely covering the downside risk from big UK data prints next week

  • Tuesday has UK jobs data and Wednesday CPI, with UK retail sales Friday

  • Don't ignore potential draw of huge 1.2200-15 option strike expiry Thursday

For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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