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.
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
The more predictable pair as usual. Held Y-0 and rallied to upside target mentioned last week. Not impressive strong run though. Closed the week above Y+1 and near week ...
Lawrence's Comment
Recap
Pullback as expected but not the consolidation type. First move back down to Y-0 pierced thru decisively triggered the Y-1 target. Eventually price moved near Y-1 and bounced. Closed ...
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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