GBP/USD
According to Christopher Lewis's analysis of the GBP/USD: “I believe that ultimately we will reach that 1.70 handle”. That creates an investment opportunity on the instruments: “High”, “Touch up” 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 83% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1328 on my investment.
The market price for the GBP/USD at the buying time (11:44) was 1.67653 and for the expiration of 11:50. The Asset closed at 1.67664 and I made $1328.
AUD/USD
Based on Christopher Lewis's analysis of the AUD/USD: “more than likely would have the Australian dollar going higher in the short term”. 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 70% if the option closes below the target price, which means that if the signal is correct, I could get a return of $1190 on my investment.
The market price for the AUD/USD at the buying time (11:39) was 0.92379 for the target of 0.92406 at the expiration of 12:00. The Asset closed at the target price at 11:42 and I made $1190.
