Covid fundamentals played a big part in the GBP Index, restricting the points that were available from our Dom short GBP pairs. The index started the day weak but an earlier article mentioning a lifting of all holiday restrictions was bound to lift the UK pound, which it eventually did. There were still some early trades at our usual times but overall points were well down.

The EUR/AUD & Dax were very much ‘non-directional’ with limited points too.

Tuesday saw another reduced maximum potential of 460 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 46 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.