Lawrence's Comment
Recap
Y-0 did not even hold up for half a day. Door opened to Y-1 and below. Retest of Y-0 from below failed and gave us Y-1 in 1 go. ...
Lawrence's Comment
Recap
Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint.
Outlook
Consolidation with strength to close above Y+1 is bullish.
Potential FBO against Y+1 if cable fails ...
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Lawrence's Comment
Recap
Early attempt to move higher blocked at the resistance zone leading to freefall back down to Y-1 and tagged the normal Y-2 continuation target. Closed the week below Y-2 ...
GBPUSD Apr 17 to Apr 21 Outlook
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