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
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
No spike lower in the beginning of the week so we did not get a reversal. The normal scenario of consolidation around B-1 happened. No surprise unlike the wild ...
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
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 Oct 29 to Nov 02 Outlook
Lawrence’s Comment
As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0.
Outlook
Below 1.6 is rejected. As long as Y-1 / B-0 can act as support, Y+1 and higher likely this week.
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