Lawrence's Comment
Recap
Euro moved lower and made a flush at 1.34 instead of 1.33. Stayed tight range and reversed higher late in the week. Closed near Y-1 and above midpoint.
Outlook
A temporary ...
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Lawrence's Comment
Recap
As expected, even after breaking Y-1 euro refused to go lower quickly. slow choppy action down to near Y-2. Closed the week near Y-2 and week low.
Outlook
1.33 target still ...
GBPUSD Jan 25 to Jan 29 Outlook
Lawrence’s Comment
Weak open led to a flush lower but failing to tag Y-2. This gave us a squeeze back up to week high. Close the week near Y-1 and above midpoint.
Outlook
B-0 down to B-1 now strong support for a move back up to B+2 and potentially B+3.
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