Option for today is a series of analyses for binary options in cooperation with the BDSwiss broker. Every day we present the best options PUT or CALL for selected financial instrument with its current technical analysis.
Because of yesterday’s appreciation GBPCAD broke local resistance at 1.7700 which is now retested from above as a support. It is worth to notice that this level coincides with 38.2% Fibo retracement and in its area there is first bullish reaction. Permanent rejection of this level could open way to further gains. In short term it is worth to consider CALL option.
BDSwiss offers a 76% return. If you win, this is how much you will earn. If you lose, you never lose more than you bet. You can also choose other options expiration time, both in the shorter and longer term.