The option for today is an analysis cycle for binary options in cooperation with uTrader 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 Bank of England (BoE) yesterday’s decision to maintain key bank rate at its current level (0.25%), we have seen a sharp depreciation of pound sterling. As a result of this declines, GBPUSD managed to overcome not only support at 1.3152, but also uptrend lines, which we are currently re-testing as resistance. Rejection of this level could open the way to further declines. In short term, therefore, it is worth considering PUT option on this instrument.

GBPUSD H1

Binary options broker uTrader offers a 76% return. If you win your account will increase by such percentage of the invested amount. If you lose, regardless of the size of the loss, you never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer.

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