Friday's decline of the pair GBP/USD surprised investors.
On Friday, the pair GBP/USD lost 240 points. However, the publication of the positive data on the US CPI 0.2% could not affect the pair so much.
Now we can expect a technical correction of the pair GBP/USD.
Today the important reports aren’t planned. It is worth to pay attention to the NAHB Housing Market Index, for the current month the changes aren’t expected - the forecast is 60 points.
How to trade binary
We would buy Call options if the pair GBP/USD rises above 1.3060. We would buy Put options if the pair falls below 1.2992.
Expiry time: 20:00 GMT