FX Options trade alert
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ISE British Pound OUTLOOK
Wed, Jun 17 2009, 14:09 GMT
by Trading Central Team
Trading Central
BPX (USD/GBP on ISE): USD rebound expected.
Pivot:60
Our forecast: Up move towards 63.10 & 65.50.
Comment: The pair is breaking above its MT declining trend line and should reach its next resistance.

To leverage our Trend Opinion on the ISE British Pound currency rate we selected the following strategy.


* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.

* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on
Wed, Jun 17 2009, 14:16 GMT
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