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ISE British Pound OUTLOOK

Wed, Aug 26 2009, 14:35 GMT
by Trading Central Team

Trading Central


BPX (USD/GBP on ISE): USD rebound expected.

Pivot: 60
Our forecast: Up move towards 63.10 or even 65.50.
Comment: The RSI has broken above its MT declining trend line, the pair is breaking above its bearish channel upper boundary.

RSI

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

Option


Volatility

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

Historical

* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.


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