Trading Edges That Last
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Lawrence's Comment Recap Y-0 resistance forced Aussie to drop down to Y-2 / 1.71 round number. Closed the week near Y-1 and below midpoint. Outlook Holiday trading with B-0 / Y-1 strong ...READ MORELawrence's Comment Recap 3 Pushes early in the week resulted in a snap back down to below Y+1 and triggered the FBO against Y+1. Tagged Y-0 by end of the week. Weak ...READ MOREPrecog Vision – Forex 2020-11-53DP Odds Table (GBPUSD) 2018-04-123DP Odds Table (GBPUSD) 2019-10-073DP Odds Table (GBPUSD) 2021-06-10Intraday Cycle Projection (GBPUSD) 2014-06-03Dow 30 Jun 17 to Jun 21 OutlookPrecog Vision – Forex 2015-10-1AUDUSD Dec 21 to Dec 25 OutlookGBPUSD Aug 26 to Aug 30 Outlook3DP Odds Table (GBPUSD) 2021-09-01
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GBPUSD Sep 08 to Sep 12 Outlook
Lawrence’s Comment
FBO against Y+1 triggered all out dumping to Y-3. After a pause, the stop run sent cable down to 1.63. Closed the week below Y-5 and near week low.
Outlook
Cable broke down with euro as ECB’s sudden rate cut sent the world a surprise message. The 2nd part of the drop was clear stop run implying a bounce back upto B-0 will be likely within a week or two. This week consolidation around previous week close is likely.
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