GBP/CHF
According to Christopher Lewis' analysis of the GBP/CHF, “I think that the British pound continues to strengthen overall and that it will see itself manifest in this market as well”. That creates an investment opportunity on the instrument: “High”.
I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "High" instrument. This kind of option has a return of 70% so if the option will close below the target price, which means that if the signal is correct I could get a return of $840 on my investment.
The target price for GBP/CHF at the buying time (12:52) was 1.46950 for the expiration of 13:15. The Asset closed at 1.47029 and I won $840.
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GBP/USD
According to Christopher Lewis' analysis of the GBP/USD, “I have zero interest whatsoever in selling this currency pair. I think the British pound will continue to strengthen in general, and it looks quite healthy against other currencies around the world”. That creates an investment opportunity on the instruments: “High”, “No Touch Down” and “Touch Up”.
I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "Touch Up" instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $840 on my investment.
The price for GBP/USD at the buying time (11:30) was 1.56993 and the target was 1.57085 for the expiration of 11:45. The asset touches the target price at 11:38, and I won $840.
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