Lawrence's Comment
Recap
Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week ...
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
Lawrence's Comment
Recap
Slided down to Y-2 and in turn stops are triggered leading to Y-3. Support at Y-3 gave us consolidation actions since. Closed the week below Y-2 and midpoint.
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GBPUSD completed test of upside target and now gunning for the downside target
As I pointed out over the weekend, GBPUSD is subjected to a quick selloff easily from the green-yellow zone. Yay!
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