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.
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
Cable zoomed back up and held my support zone. That gave us a go for the Y+1 and above play. Cable zoomed higher later in the week. Closed the ...
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
Gap up early in the week failed to push above Y+1. Formed a double top and sold off from there. Flushed to Y-2 as expected. Bounced quickly ...
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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