For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Previous week close rejected and acted as resistance since. We know that bulls and bears have a wide middle ground between 1.35 to 1.37. Since 1.37 was rejected, back ...
GBPUSD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
Pullback consolidation play worked out. Y-0 target tagged. 50% range. Closed the week near Y-0 and below midpoint.
Outlook
A retest of Y+1 is possible but only if cable can clear B-0 decisively. Potential spike and ledge in the making with target below Y-1.
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