Recap Held upside breakout crime scene and took off from there. 100% absolute range expansion capped the move. Pullback to midpoint since. Closed the week above Y-0 and near midpoint.
Outlook Brexit in effect. Even though potential up channel in the making things can change in a heart beat. B-0 turning into resistance will lead to return back down to Y-0 / B-1.
Lawrence's Comment
Recap
Cleared Y+1 early in the week and tagged target Y+2 as expected. Bad news produced a shock taking ES back down to Y-0. 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 May 30 to Jun 03 Outlook
Lawrence’s Comment
Held upside breakout crime scene and took off from there. 100% absolute range expansion capped the move. Pullback to midpoint since. Closed the week above Y-0 and near midpoint.
Outlook
Brexit in effect. Even though potential up channel in the making things can change in a heart beat. B-0 turning into resistance will lead to return back down to Y-0 / B-1.
Share