Successful Trades: GBP/USD & EUR/USD - 19 June 2015

|

GBP/USD

According to Christopher Lewis' analysis of the GBP/USD, “the British pound suddenly becomes the currency to own. In fact, I believe that it’s probably one that will continue to trend much higher, and that I will be holding onto for a significant amount of time.”. That creates an investment opportunity on the instrument: “High”, “No Touch Down”, and “Touch Up”.

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 80% so if the option will close below the target price, which means that if the signal is correct I could get a return of $960 on my investment.

The target price for GBP/USD at the buying time (12:52) was 1.59173 for the expiration of 13:00. The Asset closed at 1.59185 and I made $960.

GBP/USD

EUR/USD

According to Christopher Lewis' analysis of the EUR/USD, “There of course are concerns out of Greece, but at the end of the day that situation tends to work itself out again and again. I think the US dollar has essentially “topped out” at this point and the cycle is starting to turn back in the Euros favour”. 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 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $900 on my investment.

The price for EUR/USD at the buying time (12:39) was 1.13899 and the target price was 1.13956 for the expiration of 13:00. The asset did touch the target price at 12:45, and I made $900.

EUR/USD

OptionFair is a leading binary options platform that has a user-friendly platform and a range of available options. The professional traders at OptionFair are available to offer guidance to all company clients.