UK fundamentals had little effect on our GBP pairs today. We expected a pre news sell-off which came fairly late but was quite dramatic. Our Dom Long GBP/JPY and GBP/USD pairs benefited from this drop, allowing some excellent post news aftermath points from the positive UK Services data.
We had a straightforward Dom Short EUR/AUD and a rather manic Dom Long German Dax with some excellent points in both.
We managed another very respectable maximum potential of 815 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 81 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
