Trading Edges That Last
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Lawrence's Comment Recap Got downside target of Y-2 right in the beginning of the week. Bounced off target back to Y-1. Retested with higher low and 1-2-3 buy off Y-1. Classic reversal ...READ MORELawrence's Comment Recap Aussie struggled above Y-1 initially. Found strength from gold pop leading to a run back to crime scene. Did not even get to Y-0 and stalled. Retest of Y-1 ...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 MORE3DP Odds Table (GBPUSD) 2019-10-07Precog Vision – Forex 2014-12-23Precog Vision – Forex 2018-9-27USDJPY Apr 08 to Apr 12 OutlookAUDUSD Jan 27 to Jan 31 Outlook3DP Odds Table (GBPUSD) 2020-04-273DP Odds Table (GBPUSD) 2019-05-173DP Odds Table (GBPUSD) 2015-12-15Precog Vision – Forex 2019-9-9Dow 30 Apr 10 to Apr 14 Outlook
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GBPUSD Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint.
Outlook
Consolidation with strength to close above Y+1 is bullish.
Potential FBO against Y+1 if cable fails to hold above B-0.
If cable is really moving higher, it has little room below to keep it going.
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