EUR/GBP
According to Christopher Lewis analysis of the EUR/GBP, “That being the case, I think that we have a nice set up for a short-term long in this currency pair”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 70% if the option will close above the target price, which means that if the signal is correct I could get a return of $1120 on my investment.
The market price for EUR/GBP at the buying time (10:38) was 0.85960 for the expiration of 10:45. The Asset closed on 0.85976 and I made $1120.
GBP/USD
Based on Christopher Lewis analysis of GBP/USD, “…suggests to me that this is a short-lived pullback. In the end, it would not surprise me at all to see this market find enough support below to keep the buyers interested”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1700 on the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1224 on my investment.
The market price for the GBP/USD at the buying time (10:51) was 1.54589 and the target price was 1.54651 for the expiration of 11:15. The Asset touched my target price at 10:54 and I made $1224 in 3 minutes.
