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Lawrence's Comment
Recap
Y-1 holds and news shock from Japan forced the continuation rally to resume. Tagged Y+2. Closed the week near the high of the week.
Outlook
Support zone confirmed. Continue ...
Lawrence's Comment
Recap
Tight range actions around Y-1 at 50% range. Consolidation during quiet last week of the year. Closed the week below Y-1 and midpoint.
Outlook
Wait and see time for ...
Lawrence's Comment
Recap
New low on Monday confirmed the bearish scenario of 8 waves down to come. The 3 sell waves down completed by Friday.
Outlook
Again, if we get a bottom formation ...
GBPUSD Nov 02 to Nov 06 Outlook
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