Recap Sudden intraday swings all week. 100% range capped all the moves. Closed the week belowY-0 and above midpoint.
Outlook Brexit week means wait and see until it is over. This means not just wait for the outcome of the vote but also all the immediate legal challenges on the results that follow right after.
Lawrence's Comment
Recap
Euro held its support and drifted higher since. Another tight range week. Closed the week above Y-0 and midpoint.
Outlook
2nd tight range week in a row gives us breakout mode. ...
Lawrence's Comment
Recap
Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint.
Outlook
1.50 key psychological level breached. Cable must snap back ...
EURUSD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Sudden intraday swings all week. 100% range capped all the moves. Closed the week belowY-0 and above midpoint.
Outlook
Brexit week means wait and see until it is over. This means not just wait for the outcome of the vote but also all the immediate legal challenges on the results that follow right after.
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