21 May 2020 | AtoZ Markets – The following are the DTCC May 21 NY cut FX option expiries at 10:00 Eastern Time for GBP/USD and USD/JPY
GBP/USD Option expiries in GBP amounts
- 1.2275 389m
Prior to GBP/USD option expiry for the 21st of May, the pair is trading within the range of 1.219 and 1.2235 with bearish bias. From technical perspective below 1.2200 level GBP/USD is expected to move towards its previous low of 1.2075. However, above 1.2305 zone, we can expect a strong bullish surge towards 1.2525 level.
USD/JPY Option expiry in USD amounts
- 107.69 484m
Prior to USD/JPY option expiry on the 21st of May, the pair is trading within the range of 107.5 and 107.75 with bullish bias. If we see a persistent price action above 107.35 zone, we can expect USD/JPY move towards 108.35 level as its initial target.
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