Monday was calm for the pair GBP/USD
The pair GBP/USD was traded in a narrow range of 1.2362 - 1.2441.
Today won’t bring us interesting macroeconomic data
However, it’s worth to pay attention to the NFIB Small Business Optimism, which is projected at 95.2 vs. 94.4 previously. We believe that the British pound can become the leader of the fall this week. The Cable is under pressure from the dollar and its own negative political factors.
How to trade binary
We would buy Put options from the current level of 1.2315.
Expiry time: 20:00 GMT