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Lawrence's Comment
Recap
Y-1 support earlier in the week led to stop run back up to Y+1. Brexit spike reversal gave us the Y-3 breakout target. Closed the week near Y-2 and ...
Lawrence's Comment
Recap
Y-0 acted as support sending ninja straight up to Y+2. Rising wedge turned into full blown up channel. Closed the week above Y+1 and midpoint.
Outlook
A pocket at ...
GBPUSD Apr 30 to May 04 Outlook
Lawrence’s Comment
Higher prices as expected. No pullback, just consolidation before going higher. Closed the week at week high near Y+2.
Outlook
Tagging Y+2 / B+2 area will complete the rally objective. A stronger pullback from the zone is expected.
B-0 / Y+1 likely to be strong support for first pullback to the area.
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