The value of the out of the money put options on the GBP/USD pair has hit the highest level since June 8, 2017, risk reversals indicate. The increased demand for the put options indicates the investors are likely expecting a deeper drop in the GBP/USD pair. The GBP/USD one-month 25 delta risk reversals (GBP1MRR) fell to -1.70 earlier today – the lowest level since June 8, 2017 – meaning the implied volatility premium or demand for the GBP puts is at its highest in 16 months. More importantly, the risk reversals have dropped sharply in the last few weeks from the high of -0.8 seen at the end of August. It is worth noting that the put value has hit multi-month highs a day after the pair the trendline rising from Aug. 15 lows. So, it seems safe to say that investors are expecting a deeper drop in the British pound. 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 JPMorgan cuts China outlook on rising trade war – Bloomberg FX Street 4 years The value of the out of the money put options on the GBP/USD pair has hit the highest level since June 8, 2017, risk reversals indicate. The increased demand for the put options indicates the investors are likely expecting a deeper drop in the GBP/USD pair. The GBP/USD one-month 25 delta risk reversals (GBP1MRR) fell to -1.70 earlier today - the lowest level since June 8, 2017 - meaning the implied volatility premium or demand for the GBP puts is at its highest in 16 months. More importantly, the risk reversals have dropped sharply in the last few weeks from… 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.
