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
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
Breakout to the upside. Tagged Y+3 target and then Y+4 stopped the run. Closed the week near Y+3.
Outlook
Euro back to longer term resistance area. If Euro failed ...
GBPUSD Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint.
Outlook
Consolidation with strength to close above Y+1 is bullish.
Potential FBO against Y+1 if cable fails to hold above B-0.
If cable is really moving higher, it has little room below to keep it going.
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