Thursday, 12 December 2019

GBP/USD, GBP/JPY & EUR/GBP: Charts to Watch as Pound Volatility Soars

British Pound implied volatility derived from overnight forex options contracts are at extreme highs and leaves GBP price action at risk of experiencing violent swings amid heightened uncertainty.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...