A winner to close out the week and month of July officially. See GBPUSD section below.
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. There will be some interesting things to discuss in the market preview for next week.
Triggered short at A (or B if you waited for the European session), hit first target at C, lowered stop in the morning and stopped at D: