Lawrence's Comment
Recap
Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 ...
Lawrence's Comment
Recap
As expected sold off from our resistance area. Better yet it dropped more than the minimal target to below Y-2 clearing the way to tag Y-3. Closed the ...
GBPUSD Jul 06 to Jul 10 Outlook
Lawrence’s Comment
Spike and ledge with resistance at Y-0 worked out to the downside. Y-2 acted as support. Closed the week near Y-2 and week low.
Outlook
More downside is expected with B-0 / Y-1 strong resistance.
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