Trading Edges That Last
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Lawrence's Comment Recap FBO against Y+1 and collapsed immediately. Flushed down to below Y-2. Printed almost 200% absolute range expansion before Aussie could bounce. The overshoot both ways scenario unfolded as expected. ...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 MOREPrecog Vision – Forex 2020-4-16Intraday Cycle Projection (GBPUSD) 2017-11-23Precog Vision – Forex 2017-6-9Precog Vision – Forex 2018-1-123DP Odds Table (GBPUSD) 2013-04-25Precog Vision – Forex 2016-2-8Intraday Cycle Projection (GBPUSD) 2017-10-063DP Odds Table (GBPUSD) 2012-08-02AUDUSD Aug 26 to Aug 30 OutlookPrecog Vision – Forex 2021-4-23
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GBPUSD Feb 24 to Feb 28 Outlook
Lawrence’s Comment
Spike high followed by strong reaction back down below Y+1. Consolidation play with 50% range as expected. Closed the week above Y-0 and near week low.
Outlook
Y-0 is still in play and can happen early next week.
Reaction from below Y-0, specifically quick snap back up above B-1 will setup cable to run higher to retest Y+1 / B+1.
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