An odd session with news and a trigger on the key data (which is why we go half size for the Big Three data releases). See GBPUSD below. Also stopped the second half of the prior day’s long 160 pips in the money.
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. Glance at the AUDUSD in particular.
GBPUSD:
We stopped the second half of the prior day’s long idea under the VAH for about 160 pips. The new trade triggered short at A, right on the news, so depending on when you got the fill, you might have stopped (also depends on how your broker did). It then hit the first target at B and should have closed anything left for end of week at C:
