Trading Edges That Last
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Lawrence's Comment Recap Sold off early in the week holding Y-1 and immediately retested Y+1. Midweek selloff produced a higher low and by Friday, broke out above Y+1 and tagged ...READ MOREPrecog Vision – Forex 2017-8-9USDJPY Jul 19 to Jul 23 OutlookWeekly Cycle Projection (GBPUSD) 2011-08-22S&P 500 Feb 21 to Feb 25 OutlookHot n Cold (GBPUSD) 2012-7-17Dow 30 Oct 24 to Oct 28 OutlookNasdaq 100 Apr 22 to Apr 26 OutlookNasdaq 100 Jul 05 to Jul 09 Outlook3DP Odds Table (GBPUSD) 2012-08-143DP Odds Table (GBPUSD) 2014-09-02
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GBPUSD Oct 19 to Oct 23 Outlook
Lawrence’s Comment
Y+1 acted as resistance on first test and sent cable down to support zone mentioned last week. Cable rallied straight up from support back up to Y+2 my upside target. Closed the week above Y+1 and midpoint.
Outlook
Y+1 now support until proven otherwise. Retest of B+1 likely.
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