Lawrence's Comment
Recap
Pushed above Y+1 following the up channel play but failed to hold above Y+1. That set the stage for a test of Y-0. Broken the channel to the downside ...
Lawrence's Comment
Recap
As expected, Cable has more upside to go and that played out last week. A directional squeeze up to Y+2 near 1.7 finally produced an exhaustion. Cable weaken since ...
Lawrence's Comment
Recap
Tagged target right at the start of the week and bounced. That opened the door to Y-2 as it failed to pop above the resistance area stated ...
Lawrence's Comment
Recap
Weak upside drift early in the week ended with news shock mid week by ECB taking cable upto Y+2. Y+2 stopped the run and sent cable back below Y+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
GBPUSD Apr 24 to Apr 28 Outlook
Share