Trading Edges That Last
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Lawrence's Comment Recap Upside target tagged right at the start of the week. Turned into FBO and dropped back down to Y-0. Found support there and eventually rallied back up to clear ...READ MORELawrence's Comment Recap NQ Y+1 did not act as resistance, and rallied 50% of previous week range and paused. After the Fed + JPM shock, NQ is propelled to Y+3 ...READ MORENot sure what to expect from the election but the outcome from that can be major game changing event in how dollar yen will move in coming months. In turn, ...READ MOREPrecog Vision – Forex 2021-3-43DP Odds Table (GBPUSD) 2022-07-26Dow 30 Jan 30 to Feb 03 OutlookNasdaq 100 Apr 01 to Apr 05 OutlookNasdaq 100 Mar 19 to Mar 23 OutlookJapan Election 2012 December 16thGBPUSD Jul 09 to Jul 13 Outlook3DP Odds Table (GBPUSD) 2021-10-253DP Odds Table (GBPUSD) 2021-09-243DP Odds Table (GBPUSD) 2016-09-09
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GBPUSD Aug 24 to Aug 28 Outlook
Lawrence’s Comment
Bullish expectation worked out as cable continues to challenge the upper boundary. Y-0 support sent cable higher. Closed the week above Y+1 and midpoint.
Outlook
Cable rising wedge on 4 hours can break the up trend if B-0 is breached. As long as B-0 / Y+1 zone holds, cable can still push to Y+2 and beyond.
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