Recap Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us the measured target of B-0. Still the easiest pair to trade.
Outlook The uptrend is intact. Still looking for B+1 and then B+2 to be tagged soon.
Lawrence's Comment
Recap
Beautiful all week bear flag from the week before led to a gap down open near Y-1. Test of support below Y-1 produced a strong double bottom on 4 ...
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
Aussie tried to go higher yet there was not enough volume. Went back down in consolidation style. Similar to loonie, chose to print the week extreme at the end ...
Lawrence's Comment
Recap
Previous week close resistance dropped ninja back down to Y-0. Attempt to hold above 120 failed and led to further pullback down to below 119. Closed the week near ...
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 Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us the measured target of B-0. Still the easiest pair to trade.
Outlook
The uptrend is intact. Still looking for B+1 and then B+2 to be tagged soon.
Share