GBP/USD Trading Lower, U.K. Industrial Production Declines

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.

GBP/USD is trading at 1.2607, down 0.0067. The pair is trading choppy. The U.K. Office for National Statistics reported that year over year U.K industrial production fell 1.1 percent during October versus a 0.4 percent rise in September. On the month U.K. manufacturing production fell 1.3 percent versus a 0.4 percent decline in September.The National Institute of Economic and Social Research (NIESR) is scheduled to release U.K gross domestic product (GDP) estimates at 10:00 a.m. ET.

27% profit every 20 days?

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