Recap Bullish bias worked out. Cable held Y-0 and pushed higher later in the week. Closed the week above Y+1 and near week high.
Outlook Situation in Greece can affect cable significantly this week. Should Euro fails to hold up, Cable will be one of the currencies where capital will choose to exit to.
Lawrence's Comment
Recap
ES did sold off from the beginning of the week off the 3 pushes up formation. Yet Y-0 acted as support and continue its parabolic path going higher. ...
Lawrence's Comment
Recap
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a ...
GBPUSD Feb 16 to Feb 20 Outlook
Lawrence’s Comment
Bullish bias worked out. Cable held Y-0 and pushed higher later in the week. Closed the week above Y+1 and near week high.
Outlook
Situation in Greece can affect cable significantly this week. Should Euro fails to hold up, Cable will be one of the currencies where capital will choose to exit to.
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