fxstreet.com 23 Feb, 2021 06:45 am

Option markets flash bearish signals ahead of UK jobs report

Option markets flash bearish signals ahead of UK jobs report
One-month risk reversals on the British pound (GBP), a gauge of calls to puts, fell to the one-week low on Tuesday, indicating investors are adding be

One-month risk reversals on the British pound (GBP), a gauge of calls to puts, fell to the one-week low on Tuesday, indicating investors are adding bearish bets to position for weakness in the cable.075 in favor of puts or bearish bets during the early Tuesday, the lowest level since February 12, according to data provided by Reuters.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

4100 ahead of UK jobs GBP/USD sits at multi-year highs, fast approaching 1.4100 ahead of the UK jobs report.

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