FX OPTIONS: GBP/USD 1-mth Vol Goes 6.55% Bid-to-Offered
1-mth implied option volatility has gone 6.55 pct bid-to-offered to further extend the maturity's decline from its 6.6/6.85 European opening indication. Helping weigh on the 1-mth is the alleviation of upward pressure on the underlying.
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