Trading Edges That Last
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Lawrence's Comment Recap Euro rallied from our support zone as expected. It also failed to go much higher as expected too. Closed the week above Y+1. Outlook Last week Euro completed its measured ...READ MORELawrence's Comment Recap News shock interrupted the parabolic up swing in ES. The strength in the index, however, forced another rally from Y-1 back up to above Y-0 before it stalled. ...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 MOREWeekly Cycle Projection (GBPUSD) 2012-05-14Precog Vision – Forex 2021-1-43DP Odds Table (GBPUSD) 2019-08-19EURUSD Jul 25 to Jul 29 OutlookS&P 500 Nov 07 to Nov 11 OutlookIntraday Cycle Projection (GBPUSD) 2013-03-08Intraday Cycle Projection (GBPUSD) 2017-05-10GBPUSD May 17 to May 21 Outlook3DP Odds Table (GBPUSD) 2019-05-03Precog Vision – Forex 2022-3-11
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GBPUSD Jun 22 to Jun 26 Outlook
Lawrence’s Comment
No test of Y-0 with straight up breakout. That gave us Y+2 target. Y+2 tagged easily with 100% absolute range expansion stopped the run. Closed the week above Y+2 and near week high.
Outlook
Stop run move points to consolidation and a test of B-0 is in order. Resistance at B+1 / Y+3.
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