Recap Consolidation as expected in tight range. Cable simply sit at equal distance from Y-0 waiting for something to move it. Closed the week near Y-0 and midpoint.
Outlook Inside week tight range gives us breakout play. B+3 / B-3 breakout targets.
Lawrence's Comment
Recap
Ninja cleared Y+1 decisively giving us a run to Y+3 target. Ninja did not stop until Y+4 is tagged. Consolidation above Y+3 failed to hold up. Spike and ledge ...
Lawrence's Comment
Recap
1-2-3 buy off Y-1 in the beginning of the week pushed cable back up to also Y+1. Yet it was not strong enough and sold off from 1-2-3 sell ...
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GBPUSD Mar 30 to Apr 03 Outlook
Lawrence’s Comment
Consolidation as expected in tight range. Cable simply sit at equal distance from Y-0 waiting for something to move it. Closed the week near Y-0 and midpoint.
Outlook
Inside week tight range gives us breakout play. B+3 / B-3 breakout targets.
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