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
This pair caught me by surprise with a breakout to the downside. When Y-1 rejected the bounce we got a go for Y-3. Flushed all the way down to ...
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 Aug 08 to Aug 12 Outlook
Lawrence’s Comment
Spike and ledge setup trigger by FBO against Y+1 first, giving way to Y-1. Closed the week near Y-1 and week low.
Outlook
If last week is the 2nd leg of a measured move, Y-2 target below is still in play. If it is a complex spike and ledge breakdown, we get Y-4.
Share