As the long term Tick16 index is staying in the bullish zone, and that the short term Tick16 has moved away from the long term index for some time already, ...
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 11 to Jan 15 Outlook
Lawrence’s Comment
First week of the year found resistance at Y-0 and selloff down to Y-3. Closed the week near Y-3 and week low.
Outlook
USD strength across the board against the majors is the main theme on monthly basis. Strong resistance zone now defined at Y-1 upto Y-0 / B+1.
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