Recap As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
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Lawrence's Comment
Recap
Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint.
Outlook
As mentioned last week, uptrend is intact thus aussie ...
Lawrence's Comment
Recap
Cable found support at 1.56 and bounced back above Y-0 yet failed to hold above. 2nd try to go higher from Y-1 was stopped at Y-0. By end of ...
GBPUSD Aug 06 to Aug 10 Outlook
Lawrence’s Comment
As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook
Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
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