Lawrence's Comment
Recap
Y-0 acted as support and we got the breakout to Y+2. But the rally did not last. Y+1 not even acting as support when news hit and ...
Lawrence's Comment
Recap
Near perfect 2 legs pullback to Y-0 visible on 30-min sparked the rally to clear Y+1. Y+1 served as support since and led toparabolic run to target above 17000 ...
GBPUSD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Bearish scenario unfolded exactly as predicted. Downside target B-2 tagged and closed the week below Y-1.
Outlook
A retest of B-1 is likely. B-0 should act as resistance until B-1 tagging is completed.
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