GBP/USD Lower, U.K. GDP Edges Up


27% profits every 20 days?

This is what Nic Chahine averages with his options 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 1.2268, down 0.0014. The pair is trading in the middle of the session range. Market chatter about comments from U.K. policy makers regarding Brexit is making the rounds. The U.K. Office for National Statistics (ONS) reported that final third quarter GDP (gross domestic product) rose 0.6 percent versus a 0.7 percent rise in the second quarter. On the year U.K. GDP edged up 2.2 percent versus a 2.1 percent year over year rise in the second quarter.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


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Posted In: FuturesForexMarketsbritish poundGBP/USD