The initial strength of the GBP Index wasn’t expected to last long after the UK open, even after positive UK data. After the initial climb from bots’ and algos’ the pound dropped on the conformation of a delay in ‘freedom day’ which was scheduled for 21st June. This is now going to be put off for a minimum of 2 to a maximum of 4 weeks but with the way this government is working, a further extension wouldn’t surprise. This limited point gains in our Dom long GBP pairs but we still had some decent early points at our usual times.

The Dom long EUR/AUD had a fair ICS Balance and this reflected in a more solid trend and good points.

The Dom long Dax had another roller-coaster ride on positive German economic data but volumes in all instruments remain painfully low.

Tuesday saw a reduced maximum potential of 455 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.

JUST A TEN PERCENT target of this figure would have yielded 45 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.