Lawrence's Comment
Recap
No pullback and no gap fill right off the start of the week. Price simply jump through every resistance levles above by gaps. Closed the week above Y+4 and ...
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
GBPUSD Mar 26 to Mar 30 Outlook
Lawrence’s Comment
Consolidation around Y+1 with 50% previous week range. Closed the week at Y+1.
Outlook
Breaking about B+1 should give us B+2 quickly.
The unlikely scenario is that B-1 is breached and turning into resistance. Then Y-1 in play.
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