Lawrence's Comment
Recap
Spike top led to test of Y-1 and wait for Brexit. Spike low against Y-1 led to a rush back up to Y-0 and then Y+1. Closed the week ...
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GBPUSD May 16 to May 20 Outlook
Lawrence’s Comment
Consolidation week at 50% range. Closed the week beow Y-1 and near week low.
Outlook
Quick drop to B-2 points to weekly range expansion down to Y-3 potential. Grexit will continue to pressure cable all the way.
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