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
Lawrence's Comment
Recap
Drop to Y-2 as expected. Y-2 / 4400 strong support points to Y-1 retest. Then the rumors about Greece surfaced and had driven NQ back up to Y-0. By ...
For more information about this report please refer to the Market Bias Informant page
Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
GBPUSD Jan 28 to Feb 01 Outlook
Lawrence’s Comment
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a flush to B-3 to complete this leg down.
The rare case scenario is that cable jumped above B+1. That will induce a quick pop to Y-0.
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