Start your Binary Trading income NOW!!!

Sponsored by Nuffnang.com

Tuesday, October 10, 2006

FX OPTIONS: GBP/USD Talk of an Exotic Barrier at 1.8550

There is speculation that an exotic option barrier might reside at 1.8550. Fresh 11-week lows just shy of 1.8550 have been plumbed since the NY open.

There is a confirmed exotic barrier down at 1.8400. This is the base trigger of a Double No Touch option, whose peak is 2.0400, which is slated to expire in December.

No comments: