Trading Edges That Last
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Lawrence's Comment Recap Y-1 / Y-0 zone defended early in the week points to a test of Y+1 coming. Y+1 cleared with ease and ended the daily down trend. Normal upside target ...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 MOREHot n Cold (GBPUSD) 2016-7-29GBPUSD Nov 20 to Nov 24 OutlookPrecog Vision – Forex 2011-5-13Intraday Cycle Projection (GBPUSD) 2011-08-053DP Odds Table (GBPUSD) 2018-07-06GBPUSD Jun 15 to Jun 19 OutlookIntraday Cycle Projection (GBPUSD) 2016-12-273DP Odds Table (GBPUSD) 2020-11-19Precog Vision – Forex 2017-11-27Intraday Cycle Projection (GBPUSD) 2015-02-25
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GBPUSD Mar 31 to Apr 04 Outlook
Lawrence’s Comment
FBO against Y-1 gave us Y-0 test. Y-0 could not stop cable from going higher and turned into stop run. Cable essentially moved back to the crime scene where the last flush started. Closed the week above Y-0 and near week high.
Outlook
Thin up channel all week. Such formation do not last. A pullback to Y-0 / B-0 is normal and likely.
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