Yesterday, I decided to reduce my risk exposure by selling two of the put options at 1.3230 for a small trading profit of 30bps.
I am still holding two more put options and hopefully, we will see a further downside to the GBPUSD.
Right now, it’s attemtpting to cross the 200DMA @ 4H chart at 1.3201 from the top, if it does, then, we should see a collapse in the GBPUSD, unfortunately, will my put option have enough time???
The Panthenon Investment Group 