Another session, another day without range. GBPUSD was stuck in 60 pips and EURUSD about 80. See GBPUSD section below for triggers. Still half size in this summer environment.
Here’s a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Set the trigger exactly at A, which is good technical action. Then triggered at B (while hitting a 9-bar setup), and eventually stopped at C. Took again at D and closed at E for end of session:
