GBPUSD Jan 01 to Jan 05 Outlook

Lawrence's Comment Recap FBO against Y+1 gave us Y-0 and Y-1 targets early in the week. Directional selling until Y-1 was breached. Found support there and bounced. Closed the week below Y-0 ...

Lawrence's Comment Recap A easy week with Dow. Pullback to Y-0. Strong reaction to the support. Cleared Y+1 in one go and Y+2 target mentioned last week was quickly right after. In ...

Lawrence's Comment Recap Strong resistance above on higher timeframe gave us a freefall back down to below Y-1. Yet central banks working together turned the move into FBO against Y-1 and slingshot ...

Lawrence's Comment Recap Gap open in the beginning of the week resulted in spike and ledge selloff. Held Y-0 support perfectly (too perfect?!) and staged a short squeeze to new ...

Lawrence's Comment Recap Going higher after consolidation as stated last week. Reached our target of Y+3 and paused there to close the week. Outlook The last leg up was a bit too fast. ...