Yesterday’s news releases finally managed to cause some volatility hikes. The British Pound was gradually yielding to the US Dollar throughout the day. Right in advance of the US news block GBPUSD passed 100 points.
The level of volatility gained 2 points, thus allowing volatility buyers to make tiny profits. Volatility purchases are very risky at this point.
According to the Department of Options, , today’s news background will probably gladden risky volatility buyers. The US news block on unemployment is going to be the main market driver.
The key levels of support and resistance are the option clusters located at 1.6232 and 1.5911. The secondary levels are 1.6074 and 1.5999.
