Lawrence's Comment
Recap
Cable failed to hold Y-1 as expected and dropped to the target zone mentioned last week. It failed to bounce above Y-1, hence the down trend continued until 100% ...
Lawrence's Comment
Recap
Went higher as expected, but only half way through 1-2-3 sell was formed sending cable back down. Closed the week above Y-0.
Outlook
Consistent with euro, signs that the strength ...
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Lawrence's Comment
Recap
ECB surprised the world with its QE last week. Euro consolidated until the leak of the announcement and dropped straight down. Closed the week below Y-2 and midpoint.
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EURUSD Jul 08 to Jul 12 Outlook
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