Lawrence's Comment
Recap
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a ...
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
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 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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