Lawrence's Comment
Recap
Did not even test Y+1 and dropped back down to Y-1 as expected. Wild 2-way swings as mentioned last week. ES could not find support since Y-1 was broken. ...
Lawrence's Comment
Recap
The interesting scenario mentioned last week has unfolded. Closed the week below midpoint.
Outlook
A break of B-1 and closing the week below that implies a w. upthrust on weekly ...
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GBPUSD Oct 26 to Oct 30 Outlook
Lawrence’s Comment
Y+1 test rejected. Cable slided back down to Y-0 eventually.Closed the week below Y-0 and near week low.
Outlook
Upside rejected decisively. Y-0 / B-0 strong resistance unti proven otherwise.
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