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
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 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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