by Ian McArthur | Nov 3, 2022 | Daily Results, News
ICS Balances were better today for our Dom short GBP pairs, as the looming UK interest rate decision at 12pm draws closer.
This reflected in a definitively weak GBP Index which saw some excellent points in the Dom short GBPJPY and GBPUSD pairs, while the Dom long GBBAUD still gave some decent early and later points.
Make way for more volatility at the 12pm conformation of an interest rate hike to 3%.
The Dom long EURAUD did well also, despite a poor ICS Balance.
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.
by Ian McArthur | Nov 2, 2022 | Daily Results, News
ICS Balances remain poor within all our currencies, causing our GBP pairs to Dom trend in both directions, Despite this, points were decent in both directions at our usual times.
The Dom short EURAUD performed well, though all pairs remained fairly flat come the end of the UK morning session.
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.
by Ian McArthur | Nov 1, 2022 | Daily Results, News
ICS Balances within our GBP pairs ranged from poor to conflict, however the Dom trend direction and trades did well considering with decent though manic overall points.
The Dom short EURAUD was also another pair with conflicting balances but here again, points were still feasible at our usual times.
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.
by Ian McArthur | Oct 31, 2022 | Daily Results, News
MT4 technical issues and poor ICS Balances gave a challenging and testing morning of trading.
The GBP still appears to be more fundamentally driven, as further controversial news is published regarding the new UK government and their fiscal direction.
Trades were still feasible in our Dom long GBP pairs, though caution was a big requirement. The Dom long EURAUD did fairly well too.
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.
by Ian McArthur | Oct 28, 2022 | News, Weekly Roundup
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.
by Ian McArthur | Oct 27, 2022 | Daily Results, News
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.
