A strange session with a huge (and mostly unexplained) spike down in the GBPUSD. If you got filled on our short call, you made a ton of money, but since it hadn’t triggered until the spike, I would doubt most got a fill, unlike the original Brexit spike where we were already short when it happened. See that section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
GBPUSD:
In theory, triggered short at A and worked huge, but since that happened on the unexplained spike, most probably didn’t get a fill: