Recap Held Y-0 support, gave us a run to Y+1 as expected. Can’t ask for more. Closed the week above Y-0 and midpoint.
Outlook Still indecisive whether to push higher or collapse back down. Failing to clear B+1 will give us a drop to B-1 and likely lower. As long as B-0 acting as support there should be one more push towards B+1.
Lawrence's Comment
Recap
I got this pair wrong last week as I overestimated its strength. Right off the start of the week, Aussie immediately snapped back down to where it was supposed ...
Lawrence's Comment
Recap
Not an exciting week. Just consolidation within Y-0 and Y+1. Closed the week above midpoint and below Y-1.
Outlook
As expected we got a consolidation week. It is also the seasonal ...
GBPUSD Apr 21 to Apr 25 Outlook
Lawrence’s Comment
Held Y-0 support, gave us a run to Y+1 as expected. Can’t ask for more. Closed the week above Y-0 and midpoint.
Outlook
Still indecisive whether to push higher or collapse back down. Failing to clear B+1 will give us a drop to B-1 and likely lower. As long as B-0 acting as support there should be one more push towards B+1.
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