Hearing/reading articles on government legislation regarding UK pensions, the delay of the mini-budget and ‘tough decisions’ that are going to be made to help support the economy. Looks like the ‘honeymoon period’ that saw the GBP rise on the new PM is over.

I feel the GBP is being more fundamentally driven again as the markets consolidate in anticipation of government direction. The GBP Index is now standing at a ‘Strong Minus’ from an initial ‘Strong Ish’ from the UK open. The Dom long UK pairs have still given some decent points, with the Dom short EURAUD having an ICS Balance conflict and giving some fair, though manic points.

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.