StableNomad
EUR/GBP one-month options are showing the weakest bullish sentiment since March 2025. The shift in positioning reflects growing caution among traders as they reassess currency pair dynamics. Call-to-put ratios have compressed, signaling reduced upside conviction amid mixed macroeconomic signals from both eurozone and UK economies. This marks a notable departure from the more constructive tone seen earlier in the quarter. Traders monitoring volatility structures are noting tighter implied moves, which typically suggests consolidation phases ahead. The pullback in bullish bets could indicate eit