Today’s option is a analyscykel for binary options performed in cooperation with uTrader. Each day we present the best PUT or CALL options for the selected financial instrument together with the current technical analysis.
Since last week GBPCAD has been moving to the south. As a result of this decline, the market has broken the support level 1.6710. Since then we have seen a narrow consolidation below this level. A återtest and rejection could lead to further decline. In the short term therefore, it is worth to consider the option PUT on this instrument.
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