Recap Cable almost tagged both Y+1 and Y-1 quickly as it zoomed away from Y-0 as suggested last week. Yet no breakout of the range and closed the week near Y-1.
Outlook Inside week formed. Breakout of the range Y+1 to Y-1 will give us the direction to play for coming few weeks.
Lawrence's Comment
Recap
The flush happened as expected. And the downside target of B-2 was tagged. Then everything changed after Fed announcement on Thursday. The reversal rally took out the ...
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
GBPUSD Jan 09 to Jan 13 Outlook
Lawrence’s Comment
Cable almost tagged both Y+1 and Y-1 quickly as it zoomed away from Y-0 as suggested last week. Yet no breakout of the range and closed the week near Y-1.
Outlook
Inside week formed. Breakout of the range Y+1 to Y-1 will give us the direction to play for coming few weeks.
Share