We came into the session short the second half of the GBPUSD trade from the prior session. That trade continued to work and ultimately closed out for over a 100 pip winner. Meanwhile, the new GBPUSD short idea triggered and worked. See that section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Coming in short from around 1.5300, we had our new trade trigger short at either A or B depending on when you went in. Hit first target at C and lowered stop on second half of the trade over the entry (along with the second half of the 1.5300 entry) and stopped at D:
