Stopped out of the second half of the prior session’s GBPUSD trade in the money, and then a new winner. See that section below. Almost to Labor Day!
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.
GBPUSD:
Triggered short at A, just missed stopping out, and hit first target at B, closed second half at C for end of week:
