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
What normal? Another continuous drift higher until round number 13900 was tagged. Led to the usual 100 points pullback. Then extreme reaction to the level with a gap up ...
Lawrence's Comment
Recap
Strong reaction to Y-1 as expected. Bounced all the way back to Y-0 and more. 1.61 breakdown level retested and stopped the run. First test led to a drop ...
Lawrence's Comment
Recap
Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 ...
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.
Share