Our GBP pairs were trending in both the Dom long and short directions today, along with having to contend with economic announcements and Covid fundamentals. Unfortunately an article appeared before the 9.30am data announcement, plummeting the UK pound because of a supposed new Covid variant that is more deadly than the Delta. Positive UK data did little to lift the pound shortly after. All in all we still managed some early points in our Dom long pairs (GBP/JPY & GBP/USD), with the benefit going to our Dom short pair (GBP/AUD).

The Dom short EUR/AUD did very well but the Dom long Dax suffered from mixed but mainly negative data which rebounded later in the morning.

Tuesday saw an increased maximum potential of 650 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 65 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.