Another unexciting session, but some really pure technical action in the GBPUSD. See that section below. Trade Balance didn’t do much to move things.
Here’s a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped. Went up exactly to the R1 level at B but didn’t trigger. There was also a setup mid-morning straight out of the teachings of the Advanced Forex course here that worked for 40-50 pips:
