I saw the GBPUSD peaked at 1.3271, but momentum seemed to wane, so I made a decision to sell the GBPUSD call options.
My breakeven for the two options worked out to 1.3149 and I sold off the options at 1.3268 for a trading profit of 119bps.
I really doubt it will go beyond 1.33.
In any case, it’s important not to ignore a handsome profit when it’s on the table.
The Panthenon Investment Group 