Lawrence's Comment
Recap
Y-0 breached early in the week put Y+1 in play. Y+1 tagged but cable failed to hold above it. Stuggled between Y+1 and Y-0 since. Closed the week above ...
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
GBPUSD Jan 11 to Jan 15 Outlook
Lawrence’s Comment
First week of the year found resistance at Y-0 and selloff down to Y-3. Closed the week near Y-3 and week low.
Outlook
USD strength across the board against the majors is the main theme on monthly basis. Strong resistance zone now defined at Y-1 upto Y-0 / B+1.
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