Lawrence's Comment
Recap
Got upside breakout yet stopped in the middle of the move. 2nd try to push higher failed to clear the week high. Once Y+1 was breached, stops were raided ...
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
Bear flag upside breakout is a very powerful formation. It is rare thus most people reacted the wrong way in handling the situation. That's exactly what we've got last ...
Lawrence's Comment
Recap
Multiple pushes to the downside failed to push the price lower. After a FBO against week low printed earlier in the week, a rally was resulted. Closed the week ...
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 Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Broken out to the downside. Tagged double top target and bounced back up to Y-1. Closed the around midpoint.
Outlook
As long as Y-1 acts as resistance, a retest of B-1 is in play.
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