Lawrence's Comment
Recap
Got Y+2 as expected. Immediate pullback since. Consolidated around Y+1. Closed the week below Y+1 and midpoint.
Outlook
Down trend on daily broken. Now US dollar has to prove its strength ...
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Lawrence's Comment
Recap
As expected, the pullbacks are buying opportunities. Quiet week overall all during this holiday season. Closed the week above midpoint.
Outlook
3rd week with tighten range although higher high and ...
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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