GBP/USD Higher

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

The U.K. British pound is trading higher on Tuesday, with the GBP/USD at 1.5059, off the lows of the session and near the highs. A survey of U.K. PMI construction came in better than expected at 59.1 versus estimates of 57 and above the December level of 57.6.BOE chatter is making the rounds, as normal Bank of England member interviews are taking place. Trading is now range-bound after early overnight weakness following the Bank of Australia's rate cut.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!