Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, looking for a rally to 1300 and we got that, plus a lot more. 1300 turned into support and helped to send ES ...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 MOREGBPUSD Aug 31 to Sep 04 Outlook3DP Odds Table (GBPUSD) 2015-09-223DP Odds Table (GBPUSD) 2013-02-20S&P 500 Jul 06 to Jul 10 Outlook3DP Odds Table (GBPUSD) 2023-01-09USDJPY Oct 05 to Oct 09 OutlookS&P 500 Jul 04 to Jul 08 OutlookIntraday Cycle Projection (GBPUSD) 2015-02-25Precog Vision – Forex 2022-4-28Intraday Cycle Projection (GBPUSD) 2022-06-21
As Featured In
GBPUSD Aug 11 to Aug 15 Outlook
Lawrence’s Comment
Weak pullback not even touching Y-0 ended with another drop to Y-1. Eventually Y-1 was cleared giving us equal distance from previous week close. Closed the week below Y-1 and at week low.
Outlook
Consolidation action with weak close is bearish. More down side is expected. A quick flush to B-2 early next week can produce a temporary support for a bounce back up to B+1 / Y-0.
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