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
Bounced to Y-0. Held above Y-1. And jumped back up to almost Y+1 by end of week as expected.
Outlook
A short term bottom is likely in place. ...
Lawrence's Comment
Recap
Unfolded exactly as mentioned last week. Consolidation within the prescribed range. A breakout of Y+1 leads to doubling the week's range.
Outlook
As long as B-0 acts as support, Y+2 ...
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 Apr 04 to Apr 08 Outlook
Lawrence’s Comment
Y-1 to Y-0 has acted as resistance so far this week as price failed to move outside of this range.
Outlook
If a sell formation shows up in B-0 to B+1, it will send the price down to B-2.
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