The GBP continues to be fundamentally driven, making technical analysis and trade entries more difficult. It was a case of ‘swings and roundabouts’ during the UK morning session.
However concentrating on the best ICS Balance in the GBPUSD pair, gave us some very reliable points at our usual times. The GBPAUD may have looked better come the end of the morning, but an ICS conflict meant that the trend momentum, unlike the GBPUSD, was far less predictable.
See our totals below for the UK morning session alone, with many additional opportunities and points available in the US morning (UK afternoon) and US afternoon (UK evening) sessions.