Recap Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low.
Outlook Y-0 / B-0 acting as resistance will give us B-2 target which conveniently sitting at the starting point of this run up.
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
Intervention at its finest - by rumors. No one even dare to touch euro in 2nd half of the week allowing it to drift higher all the ...
GBPUSD Jan 06 to Jan 10 Outlook
Lawrence’s Comment
Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low.
Outlook
Y-0 / B-0 acting as resistance will give us B-2 target which conveniently sitting at the starting point of this run up.
Share