Trading Edges That Last
- You May Also LikeBreakout in place, clean move up to 1.63 already. If it hits the projected target zone of 1.65+ by Friday will take the profit and run.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 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 is still my favourite pair3DP Odds Table (GBPUSD) 2018-06-283DP Odds Table (GBPUSD) 2021-07-153DP Odds Table (GBPUSD) 2013-07-18Intraday Cycle Projection (GBPUSD) 2021-06-17Intraday Cycle Projection (GBPUSD) 2014-10-01Precog Vision – Forex 2021-2-263DP Odds Table (GBPUSD) 2015-06-16Intraday Cycle Projection (GBPUSD) 2016-01-14Precog Vision – Forex 2011-5-30
As Featured In
GBPUSD May 25 to May 29 Outlook
Lawrence’s Comment
Pullback to support zone mentioned last week as expected. Attempt to bounce back up failed to clear 1.57 weekly resistance. Closed the week below Y-0 and midpoint.
Outlook
Inside down week with midpoints near each other is mildly bearish. It points to test of Y-1 likely. A break of Y-1 points to gap fill of the open gap below which also ends the cable weekly up trend.
Share