Trading Edges That Last
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Lawrence's Comment Recap The drop early in the week was stronger than expected. It cleared Y-1 and has been pressured below Y-1 since. That gave us Y-3 breakout play. Closed the week ...READ MOREFor 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 scheduleREAD MOREIntraday Cycle Projection (GBPUSD) 2012-03-19Precog Vision – Forex 2013-9-16Precog Vision – Forex 2019-2-20Nasdaq 100 Sep 30 to Oct 04 OutlookUSDCAD Jul 29 to Aug 02 OutlookPrecog Vision – Forex 2011-8-8Hot n Cold (GBPUSD) 2022-11-25Intraday Cycle Projection (GBPUSD) 2012-10-023DP Odds Table (GBPUSD) 2015-10-083DP Odds Table (GBPUSD) 2015-03-02
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GBPUSD Oct 28 to Nov 01 Outlook
Lawrence’s Comment
The quiet pair of the majors last week. Consolidated around Y+1 / previous week close at 50% week range. Closed the week below Y+1 and midpoint.
Outlook
Y-0 retest likely. Tagging B-2 also likely.
Only if a breakout of B+1 will give us a potential run to B+3.
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