Lawrence's Comment
Recap
A nice reversal surprise that worked out well. Aussie held the support zone mentioned last time with a perfect 1-2-3 long. Tagged Y-0 and zoomed to pre-break down price ...
Lawrence's Comment
Recap
A pretty perfect week. Y-0 acted as support early in the week sending dollar yen to Y+1, which acted as resistance. Y-0 failed to act on 2nd ...
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
GBPUSD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Got our target Y+2 early in the week. Pullback holding Y-0 giving us a 2nd chance for test and break above Y+2. Closed the week at Y+2.
Outlook
If the uptrend is going to continue, a fast run to B+2 is needed early in the week as the push up is significantly weaker so far.
If B-0 failed to act as support, expecting a quick drop back down to B-2.
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