A nice winner to close out the week and month. See GBPUSD section below.
As usual on the Sunday report, we will look at the action for Thursday night/Friday, then look at the daily charts heading into the new week (nothing interesting), and then look at the US Dollar Index (something interesting there).
FX Levels will be posted for Sunday but no calls will be made due to the US Holiday. We resume Monday.
Here’s a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
GBPUSD:
Stopped out of the second half of the prior day’s play in the money. Triggered long at A, hit first target at B, closed final piece at C: