GBP/USD Little Higher, CBI Price Expectations Slow

by Benzinga Staff
September 22, 2016 6:15 AM | 28 seconds read

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.

GBP/USD is trading at 1.3051, up 0.0020. The pair is trading in the middle of the session range. Market chatter about global headline news, money flows and U.K. economic data is making the rounds. The Confederation of British Industry (CBI) order book balance survey was unchanged at minus 5 in September versus minus 5 in August. Industry output expectations for the next three months rose to 22 versus 11 in August. Price expectations slowed to 5 from 8.Market talk about U.S. economic data due out today is just starting to show up.

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.

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