Recap Early in the week a try to drop resulted in 1-2-3 buy. That in turn forced cable to run back up to where the breakdown started around 1.56. Closed the week at midpoint.
Outlook Inside week and closed near midpoint means indecision. Time to wait for a breakout.
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
GBPUSD Jun 11 to Jun 15 Outlook
Lawrence’s Comment
Early in the week a try to drop resulted in 1-2-3 buy. That in turn forced cable to run back up to where the breakdown started around 1.56. Closed the week at midpoint.
Outlook
Inside week and closed near midpoint means indecision. Time to wait for a breakout.
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