Recap As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
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
Seasonal sell worked out beautifully cleaning out the late buyers over the past few weeks. Closed the week below Y-4 and at week low.
Outlook
Seasonal bias to the ...
Lawrence's Comment
Recap
Easy play of the week. Previous week close right below Y-0 acted as resistance sending cable down to Y-2 target. No surprises, no fake out. Closed the week below ...
GBPUSD Aug 06 to Aug 10 Outlook
Lawrence’s Comment
As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook
Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
Share