A barrier option in GBPUSD sits at 1.3500

As noted on today’s ForexFlow options board, there’s a barrier at 1.3500. The high so far is 1.3494 and we’ve dropped back to 1.3480.

GBPUSD 15m chart

The vanilla options expire at the top of the hour and USDCAD has come right down to a massive expiry at 1.2850. Read an explanation on options and their effect on spot prices.

Ryan Littlestone

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