Early negative UK economic data spiked our GBP pairs down in early trading but prices recovered as the morning progressed, especially where decent ICS Balances were concerned. (GBPJPY).
Good points were available at our usual times in all our pairs.
Negative UK economic data disrupted our Dom long GBP pairs this morning, with the GBP Index sinking further as the session progressed. However we still had some fairly decent points at our usual times.
The Dom long EURAUD did well in the early hours but fell back on a weakening EUR Index.
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.
Considering we had conflicting ICS Balances in all our pairs today, the outcome of our Dom technical analysis remained very much on the positive side. with some decent points at our usual times.
Volumes remain low due to the holidays and a lack of official economic data is keeping the markets subdued.
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.
Despite poor ICS Balances today, the tone was set for our Dom short GBP pairs, with early negative UK economic data. This gave some excellent points once the markets settled.
There were also some decent points in the Dom short EURAUD 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.
ICS Balances were poor to say the least today, with little momentum anywhere. There were also some sizable weekend gaps to contend with, that distorted our technical Dom conclusions.
However despite all this, decent points were had at our usual times.
See our totals above 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.
The markets remain in consolidation mode, with low volumes and volatility for this time of year. ICS Balances are causing a lack of momentum in all our pairs, but thankfully there were still some very good points available at our usual times.
Economic data confirmed what little trends we had today, with the threat of a world recession still firmly on the cards. Have a good weekend everyone.
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.
