Lawrence's Comment
Recap
No weaknesses at all. Just consolidate around Y-0 and held Y-1 support without even touching it. That was the sign of strength. Rally and breakout above Y+1 late in ...
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
Similar to Cable, failing to clear previous week close led to a flush down to almost Y-3. Intervention happened and ninja went straight back up to Y-0. Closed the ...
GBPUSD Apr 30 to May 04 Outlook
Lawrence’s Comment
Higher prices as expected. No pullback, just consolidation before going higher. Closed the week at week high near Y+2.
Outlook
Tagging Y+2 / B+2 area will complete the rally objective. A stronger pullback from the zone is expected.
B-0 / Y+1 likely to be strong support for first pullback to the area.
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