Thursday, April 26, 2018

Deals of the Month – GBPUSD

Dear Nasril Nizam

Deals of the Month – GBPUSD

Have you been following Forex market developments? Here is how much you could earn by trading British Pounds (GBP) against US Dollar - GBPUSD.

The British Pound has been strengthening after UK GDP growth upgrade.

  • Based on our GBPUSD technical analysis released on March 15, 2018, you could buy 100,000 GBP with 1:100 leverage at the exchange rate GBPUSD 1.3995 on March 19, 2018 by investing 1399.50 USD (margin for this position).
  • Close the position on April 16, 2018 at the exchange rate GBPUSD 1.4334.
  • Therefore, by investing just 1399.50 USD, you could earn 3143.50 USD (net of $246.50 swap charge), that is increase the investment about 225%.

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