Trading Edges That Last
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Lawrence's Comment Recap Ninja tested Y+1 and failed to clear it. Dropped back down to Y-0 and found support. 2nd attempt at Y+1 cleared it and moved higher until 100% absolute range ...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 MORELawrence's Comment Recap Euro going lower to Y-2 as expected. Failed to clear the gap above gave us the Y-3 target below. Normal range expansion reached. Closed the week below Y-2 and ...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 MORE3DP Odds Table (GBPUSD) 2019-04-08USDJPY Dec 07 to Dec 11 OutlookPrecog Vision – Forex 2020-7-21GBPUSD Mar 14 to Mar 18 Outlook3DP Odds Table (GBPUSD) 2017-02-01EURUSD Jan 12 to Jan 16 OutlookPrecog Vision – Forex 2013-2-7Precog Vision – Forex 2023-5-23DP Odds Table (GBPUSD) 2012-03-05Dow 30 Nov 26 to Nov 30 Outlook
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GBPUSD Nov 28 to Dec 02 Outlook
Lawrence’s Comment
Behaved like euro, cable simply failed to hold Y-1 and dropped to below Y-2 and stopped when 100% absolute range expansion was completed. Closed the week at the low of the week.
Outlook
More downside is expected. A down channel is developed and cable will snap out of it sooner or later.
Any bounce should take cable back up to B-0.
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