Recap Y-0 resistance gave us continuation sell down to 100% absolute range expansion target. Went sideline since. Closed the week near Y-1 and below midpoint.
Outlook B-0 / 1.42 strong resistance for a retest of B-1. Breaking below with a quick snapback above B-1 points to short term bottom in place.
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
Lawrence's Comment
Recap
Got downside breakout which was the side with better odds. Tagged Y-2 target and consolidated since. Closed the week above Y-2 and below midpoint.
Outlook
Notice the way it drops is ...
For more information about this report please refer to the Market Bias Informant page
Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
GBPUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Y-0 resistance gave us continuation sell down to 100% absolute range expansion target. Went sideline since. Closed the week near Y-1 and below midpoint.
Outlook
B-0 / 1.42 strong resistance for a retest of B-1. Breaking below with a quick snapback above B-1 points to short term bottom in place.
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