We closed out a 200 pip winner and also had another winner to end another nice week in Forex. See GBPUSD 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. We finally have some signals to pay attention to in the GBPUSD, AUDUSD, and NZDUSD.
GBPUSD:
We came into the session long and well in the money on the second half of the prior day’s trade. That did not stop out. The new call triggered long at A, hit first target at B, and then we close the second half of both trades at C, which was about 200 pips on the trade from the prior day:
