GBP/USD one-month risk reversals have hit the lowest level since April. The slide in the risk reversals indicates increased demand for put options. One-month risk reversals on Sterling (GBP1MRR), a gauge on calls to puts on the common currency, fell to the lowest level since mid-April on Wednesday, indicating the investors are adding bets to position for weakness in the British Pound. The gauge fell to -0.925, the lowest level since April 11, having topped out at -0.50 six days ago. The negative number indicates the implied volatility premium for the GBP put options (bearish bets) is higher than that for the GBP call options (bullish bets). The GBP/USD pair is currently trading at 1.2153, having dropped in the previous four trading days. As of writing, the pair is down 1.83% on a week-to-date basis. GBP1MRR FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US-China trade talks restarted; atmosphere is good – Global Times FX Street 4 years GBP/USD one-month risk reversals have hit the lowest level since April. The slide in the risk reversals indicates increased demand for put options. One-month risk reversals on Sterling (GBP1MRR), a gauge on calls to puts on the common currency, fell to the lowest level since mid-April on Wednesday, indicating the investors are adding bets to position for weakness in the British Pound. The gauge fell to -0.925, the lowest level since April 11, having topped out at -0.50 six days ago. The negative number indicates the implied volatility premium for the GBP put options (bearish bets) is higher… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
