GBPUSD Aug 24 to Aug 28 Outlook

Lawrence's Comment Recap Sold off as expected. Target Y-3 tagged. Easy weekly move completed. Closed the week near Y-2 and midpoint. Outlook Gaps above B+1 and below B-1 are in play once ...

Lawrence's Comment Recap Y-1 failed to act as support thus turning Y-0 into resistance zone. The pair then dropped from Y-0 down to Y-2 and closed the week there. Outlook Uptrend in Aussie ...

Lawrence's Comment Recap Consolidation around Y-1 with Y-0 resistance. FOMC announcement sent Euro higher until 100% absolute range expansion. Closed the week near Y-0 and above midpoint. Outlook Until B+1 acting as ...

Lawrence's Comment Recap Upside breakout after compression around Y-0. 100% expansion off the tight range tagged by end of the week but failed to tag the normal Y+2 target. Closed the week ...

Lawrence's Comment Recap 3rd leg down resulted in a fight to defend of Y-1 which eventually led to a run for Y-0 test after Mrs. Yellen's comments. Since 2nd swing low was ...

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Lawrence's Comment Recap Right from the start of the week, the up trend was almost broken by the gap down. Dow magically holding the important swing low I mentioned last week and ...