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.
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.