Lawrence's Comment
Recap
Tried to bottom out at 1.0 and failed. Closed the week below 1.0 and at the low of the week.
Outlook
As mentioned last week, loonie is sitting at ...
Lawrence's Comment
Recap
Consolidation around previous week close. Pretty standard reaction to a huge run. Closed the week below Y+1 and midpoint.
Outlook
A huge void zone was created below where there was not ...
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GBPUSD Jan 28 to Feb 01 Outlook
Lawrence’s Comment
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a flush to B-3 to complete this leg down.
The rare case scenario is that cable jumped above B+1. That will induce a quick pop to Y-0.
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