GBPUSD Nov 14 to Nov 18 Outlook

Lawrence's Comment Recap Expectation of euro going lower paid off. FOMC announcement failed to swing euro above Y+1 and gave us the Y-2 target. Closed the week below Y-1 and midpoint. Outlook As long ...

Lawrence's Comment Recap Y-0 did not act as resistance giving way to a test of Y+1. 100% absolute range expansion completed right before FOMC announcement. Strong reaction after and sent ES back ...