Lawrence's Comment
Recap
Early part of the week was an attempt to hold the previous week low (Y-1) area. But we knew that the strong rejection at Y+1 implied the likely ...
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GBPUSD Apr 30 to May 04 Outlook
Lawrence’s Comment
Higher prices as expected. No pullback, just consolidation before going higher. Closed the week at week high near Y+2.
Outlook
Tagging Y+2 / B+2 area will complete the rally objective. A stronger pullback from the zone is expected.
B-0 / Y+1 likely to be strong support for first pullback to the area.
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