A rare gap in the Forex markets as the GBPUSD opened about 150 pips on Sunday lower than where it closed Friday. It gapped well past our trigger. I gave it some time to try to head back into the range of play and it didn’t. There was a nice trade on EURUSD short under S1 after it set the level for those that know our system, but it was overnight.
Here’s a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
GBPUSD:
