Trading Edges That Last
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Lawrence's Comment Recap Holding steady near Y+1 early in the week. Then spike high failed to hold above Y+1 and gave us the Y-0 target. Y-0 tagged later in the week. Closed ...READ MORELawrence's Comment Recap Upside target that was not tagged the week before was finally done this week. Dow consolidated since and moving in tight range into month end. Closed the week near ...READ MOREPrecog Vision – Forex 2016-12-8Precog Vision – Forex 2017-2-153DP Odds Table (GBPUSD) 2019-10-07USDJPY Jun 02 to Jun 06 OutlookDow 30 Mar 02 to Mar 06 Outlook3DP Odds Table (GBPUSD) 2019-07-223DP Odds Table (GBPUSD) 2013-04-04Intraday Cycle Projection (GBPUSD) 2019-03-25S&P 500 Apr 09 to Apr 13 Outlook3DP Odds Table (GBPUSD) 2019-05-13
As Featured In
GBPUSD Jul 22 to Jul 26 Outlook
Lawrence’s Comment
The more predictable pair as usual. Held Y-0 and rallied to upside target mentioned last week. Not impressive strong run though. Closed the week above Y+1 and near week high.
Outlook
The run is not strong enough to clear the resistance but it is also not weak enough to be considered as a false breakout. Clear rising wedge pattern suggests potential FBO in the making if Cable breaks below B-0 quickly, a retest of B-1 and flushing down to B-2 likely.
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