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
As stated last week that government intervention is likely and during the week in real-time chat mentioned that 1.30 is the likely spot. We witnessed a classic ...
Lawrence's Comment
Recap
Euro going lower to Y-2 as expected. Failed to clear the gap above gave us the Y-3 target below. Normal range expansion reached. Closed the week below Y-2 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
GBPUSD May 06 to May 10 Outlook
Lawrence’s Comment
No pullback to support making this more difficult to go higher. Consolidation above Y+1 all week. Closed the week above midpoint and Y+1.
Outlook
Y+1 acted as support all week points to more upside likely. A push to B+2 early this week may result in a FBO back down to B-2.
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