Coronavirus fundamentals continue to seesaw the UK pound regarding the lifting of restrictions on 21st June – will it go ahead or will it be delayed and we’re no closer to finding firm answers. Holiday destinations are also under the microscope with green, amber and red zones still being debated.
Despite all this, our technical Doms did a fair job today with decent points at our usual times. Obviously, ICS Balances were far from ideal.
Wednesday saw an improved maximum potential of 575 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 57 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.