As it was informed by "Market Leader (US)"
GBPUSD volatility preview for April 28th 2011
Yesterday GBPUSD managed to consolidate above 1.6565 (a significant option barrier) and initiate an upward momentum for it. 1.6750 is currently the closest resistance level.
Yesterday’s economic data on the UK and US didn’t cause any considerable volatility hikes but laid the foundation of trend continuation. The options were growing in value because the price of the underlying asset was growing as well.