GBP/USD analysis
According to the Alligator, trend line we have come to a decision that the market has a strong possibility to come down for some pips. Though 1.3326 is an important support but hopefully market will easily cross the point. So to the sellers the entry point is at 1.3326 and the closing point will be at 1.3220.
This market determined the form of volatility can be used to assess what the expected future risk for trading in a particular pair might involve since it factors in option traders’ expectation for future price swings. I am a currency trader and trading profitability with FXdirects. Implied volatility in the forex market is the annualized volatility implied in the market determined prices of currency options for a particular expiration date.
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