Trading Edges That Last
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Lawrence's Comment Recap Ninja cleared Y+1 decisively giving us a run to Y+3 target. Ninja did not stop until Y+4 is tagged. Consolidation above Y+3 failed to hold up. Spike and ledge ...READ MORELawrence's Comment Recap Y-0 support lifted Aussie to test Y+1. Since then consolidated for FOMC announcement. After, Y+1 cleared and 100% range expansion move to above Y+2 before finding resistance. Closed the ...READ MORE3DP Odds Table (GBPUSD) 2016-04-26Precog Vision – Forex 2017-9-5USDJPY Aug 04 to Aug 08 OutlookDow 30 Nov 04 to Nov 08 Outlook3DP Odds Table (GBPUSD) 2018-10-15Intraday Cycle Projection (GBPUSD) 2018-08-22AUDUSD Sep 26 to Sep 30 Outlook3DP Odds Table (GBPUSD) 2014-06-273DP Odds Table (GBPUSD) 2013-12-313DP Odds Table (GBPUSD) 2019-10-07
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GBPUSD Jan 26 to Jan 30 Outlook
Lawrence’s Comment
Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint.
Outlook
1.50 key psychological level breached. Cable must snap back above B-0 and stay above by close of next week or another wave of liquidation is coming to send cable much lower.
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