British Pound Lower

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

The U.K. British Pound, GBP/USD, last check was trading at 1.5347 down a bit and near the lows of the session. Trading has been range-bound. The pair has slipped a bit in the last hour. UK CPI fell to 0.3% in January. The lowest since the current records have been kept starting in 1988. Chatter about policy is forefront. Market talk about policy of the BOE has traders active on both sides. U.K. unemployment is due out on Wednesday.

20-Year Pro Trader Reveals His "MoneyLine"

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