Recap No run down to Y-2. Double bottom at Y-1 and the breakout at Y+1 gave us Y+3 target by STOPD. Almost tagging Y+3 by end of week. Closed the week near week high.
Outlook Violent breakout to the upside. Partially news shock. Partially a bottom is due on higher timeframes. As long as B-0 acts as support, looking for higher prices.
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
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 acted as support leading to a bounce back up to resistance zone mentioned last week. Y-0 acted as support near end of the week helped Euro ...
GBPUSD Apr 23 to Apr 27 Outlook
Lawrence’s Comment
No run down to Y-2. Double bottom at Y-1 and the breakout at Y+1 gave us Y+3 target by STOPD. Almost tagging Y+3 by end of week. Closed the week near week high.
Outlook
Violent breakout to the upside. Partially news shock. Partially a bottom is due on higher timeframes. As long as B-0 acts as support, looking for higher prices.
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