With no scary scene and no spike up to challenge previous resistance levels – GBPUSD tagged its downside target for the week. Done with currency trading this week.
Lawrence's Comment
Recap
Broken out to the downside. Tagged double top target and bounced back up to Y-1. Closed the around midpoint.
Outlook
As long as Y-1 acts as resistance, a retest ...
Lawrence's Comment
Recap
Spike and ledge setup trigger by FBO against Y+1 first, giving way to Y-1. Closed the week near Y-1 and week low.
Outlook
If last week is the 2nd ...
GBPUSD Tagged Downside Target Zone
With no scary scene and no spike up to challenge previous resistance levels – GBPUSD tagged its downside target for the week. Done with currency trading this week.
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