Yesterday financial markets stayed relatively calm. The news failed to increase the volatility of GBPUSD. The currency pair stayed between 2 option levels - 1.5721 and 1.5824 – despite major economic reports. The season of quarterly reports in the EU and US also failed to influence the markets.
Today’s news background is fairly rich in major reports. It well may change the market situation. The following news releases are expected to become today’s major market drivers: the Eurozone’s CPI and trade balance and the USA’s retail sales.
The currency pair is now being traded around the option barrier 1.5721.
Provided by the Department of Options,
