Trading Edges That Last
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Lawrence's Comment Recap Mon/Tue produced a swing high allowing us to join the continuation sell later in the week. Closed the week below Y-0 and near week low. Outlook The selling is not completed. ...READ MORELawrence's Comment Recap Y-0 acted as resistance at the start of the week, gave us the decisive break of Y-1 and dropped down to target Y-3. This is the easiest play for ...READ MORELawrence's Comment Recap Got the upside breakout. But failed to clear 16500 round number hurdle. Then bad news hit and all the stubborn longs were trapped. Flushed back down equal distance and ...READ MORELawrence's Comment Recap Capped by previous week close and moved lower as expected. Tagged my downside target and bounced back up since. Closed the week near Y-1 and above midpoint. Outlook B-1 is a ...READ MOREIntraday Cycle Projection (GBPUSD) 2015-09-21Precog Vision – Forex 2020-7-2AUDUSD Apr 21 to Apr 25 OutlookDow 30 Dec 09 to Dec 13 OutlookDow 30 Apr 28 to May 02 OutlookAUDUSD Dec 23 to Dec 27 OutlookWeekly Cycle Projection (GBPUSD) 2020-09-21Intraday Cycle Projection (GBPUSD) 2023-01-233DP Odds Table (GBPUSD) 2012-01-16Intraday Cycle Projection (GBPUSD) 2013-11-06
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GBPUSD Sep 15 to Sep 19 Outlook
Lawrence’s Comment
Cable gapped down and tagged Y-2 first. The stage was set for an up drift back to Y-1. Consolidation week around open instead of previous week close. Closed the week below Y-1 and near week high.
Outlook
All week bear flag. A short squeeze will take cable higher to B+2 but it will likely be capped there. A break of its bear flag support points to at least a retest of B-1.
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