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
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
Recap
Consolidation within 50% of previous week range. No serious attempt to break out of the range at all. Closed the week at midpoint of the week and also near ...
GBPUSD Nov 25 to Nov 29 Outlook
Lawrence’s Comment
Consolidated below Y+1. Sellers failed to push cable lower. Breakout to the upside at the end. Closed the week above Y+1 and near week high.
Outlook
Upside breakout confirmed. As long as Y+1 / B-0 acting as support, cable can go higher with B+2 target.
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