Trading Edges That Last
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Lawrence's Comment Recap Downside bias worked out with Y-2 tagged mid week. Bounced off Y-2 and failed to clear Y-1. Closed the week at week low and Y-2. Outlook US dollar has strengthen to ...READ MORELawrence's Comment Recap Consolidation actions around Y+1 as expected. Resistance mentioned last week stopped the push higher. FBO against Y+1 sent this straight down until 100% absolute range expansion was reached. Closed ...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 MOREPrecog Vision – Forex 2017-10-26Weekly Cycle Projection (GBPUSD) 2014-12-29GBPUSD May 20 to May 24 OutlookUSDCAD Jan 25 to Jan 29 OutlookS&P 500 Dec 17 to Dec 21 OutlookIntraday Cycle Projection (GBPUSD) 2014-03-27Intraday Cycle Projection (GBPUSD) 2012-09-10Precog Vision – Forex 2013-11-223DP Odds Table (GBPUSD) 2012-05-07Intraday Cycle Projection (GBPUSD) 2017-08-23
As Featured In
GBPUSD Apr 06 to Apr 10 Outlook
Lawrence’s Comment
Breakout on 4 hours was not triggered. Instead we get another tight range consolidation week. Closed the week near Y-0 and above midpoint.
Outlook
2 weeks of tight range compressed more fuel for the eventual breakout from this range. Potential whiplash action at B+2 that can drop cable all the way back down to B-2.
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