Recap Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us the measured target of B-0. Still the easiest pair to trade.
Outlook The uptrend is intact. Still looking for B+1 and then B+2 to be tagged soon.
Lawrence's Comment
Recap
Previous week close acted as support and in turn making Y-0 into support. Pushed to Y+1 target and collapsed back down since. Y-1 strong support as mentioned last week ...
Lawrence's Comment
Recap
Brexit effect controlling cable all week. FBO Y-1 in the beginning of the week sent cable back up to Y+1. Bull flag on 4 hours pullback to 1.44 round ...
GBPUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us the measured target of B-0. Still the easiest pair to trade.
Outlook
The uptrend is intact. Still looking for B+1 and then B+2 to be tagged soon.
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