Monday, 13 April 2009

British Pound OUTLOOK
By sales@tradingcentral.com (Trading Central)
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FX Options trade alert

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British Pound OUTLOOK

Mon, Apr 13 2009, 12:19 GMT
by Trading Central Team

Trading Central


BPX (USD/GBP on ISE): Further USD weakness expected.

Pivot: 70.90
Our forecast: Down move towards 66.55 & 65.
Comment: The RSI has broken below its LT rising trend line, the pair is on the downside and is challenging its strong support.

Fx Trade Alert

To leverage our Trend Opinion on the ISE FX British Pound we can use different options :

Fx Trade Alert


Fx Trade Alert


Fx Trade Alert


Volatility Cone

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

Historical Volatility

* 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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