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Lawrence's Comment
Recap
As expected, once a clean breakout is in place, we get full range expansion in 1 go. The first push towards Y+1 failed to clear the tight ...
Lawrence's Comment
Recap
Compression as expected. FBO against Y+1 later in the week did not lead to a breakdown as situation with Greece has no decision yet. Closed the week above Y-0 ...
Lawrence's Comment
Recap
The mechanical down push continues in first half of the week and then the trend was broken. After FBO against the low established earlier in the week and failed ...
GBPUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
The interesting scenario mentioned last week has unfolded. Closed the week below midpoint.
Outlook
A break of B-1 and closing the week below that implies a w. upthrust on weekly timeframe is in place.
B-3 is the first target for the selloff.
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