Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Short squeeze on rumors back up to Y-0. Collapsed right after back down to Y-1. Equal distance target below tagged by end of the week off previous week close. ...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 Sep 04 to Sep 08 OutlookS&P 500 May 09 to May 13 OutlookPrecog Vision – Forex 2021-11-17Intraday Cycle Projection (GBPUSD) 2019-05-07Intraday Cycle Projection (GBPUSD) 2018-01-12Precog Vision – Forex 2014-1-29Hot n Cold (GBPUSD) 2020-10-30Intraday Cycle Projection (GBPUSD) 2011-10-24Weekly Cycle Projection (GBPUSD) 2011-12-19Hot n Cold (GBPUSD) 2020-4-24
As Featured In
GBPUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Y-1 / Y-0 zone defended early in the week points to a test of Y+1 coming. Y+1 cleared with ease and ended the daily down trend. Normal upside target of Y+2 tagged. Closed the week above Y+1 and midpoint.
Outlook
Daily down trend broken but new up trend not established yet. So 2-way play until a new trend emerges from this. B+1 resistance points to a test of B-0 likely.
Share