Option for today is an analysis cycle for binary options in cooperation with BDSwiss broker. Every day we present the best PUT or CALL options for a selected financial instrument along with its current technical analysis.
As a result of last week’s slow growth GBPAUD pair reached local resistance at 1.7280, which coincides with a 50% of Fibonacci retracement from earlier declines, where today supply reaction has occurred. Permanent rejection of this level could open way to declines. So it seems that in near future you should consider opening short positions or playing PUT option on this instrument.
BDSwiss, offers 71% return on options. If you win, the greater will be the percentage of your earnings from invested stake. If you lose, regardless of the size of the defeat, you will never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer.
