Lawrence's Comment
Recap
Intervention by the governments over the weekend disrupted the down trend and induced a short term short covering rally. Rally stalled at Y+1 and closed the week ...
Lawrence's Comment
Recap
My favorite pair behaved nicely last week. Sold off as expected and dropped down to almost Y-3 target before it staged the bounce. Closed the week above midpoint and ...
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Lawrence's Comment
Recap
Inside week. Y-1 tested and bounced off. Rallied to almost Y+1 and stalled. Closed the week near Y-1.
Outlook
End of week selloff was driven by news. US dollar ...
Lawrence's Comment
Recap
Previous week close acted as resistance early in the week. That is the strongest sign that a test of previous week low (Y-1) was in play. Once traded ...
GBPUSD May 29 to Jun 02 Outlook
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