GBPUSD Potential Reversal Forming
By LawrenceNot tagging the weekly target zone yet. Missed by a little and forming a potential IHS on hourly.
Nothing much can be done here until a proper reversal is formed.
Comments
Trading Edges That Last
By Lawrence- You May Also Like
Lawrence's Comment Recap Another easy play last week. Cable broke out to the upside. Traded above Y+3 as expected. Consolidation around Y+3 since. Closed the week near Y+3 and above midpoint. Outlook The breakout ...READ MORE3DP Odds Table (GBPUSD) 2022-08-293DP Odds Table (GBPUSD) 2019-07-233DP Odds Table (GBPUSD) 2013-10-14GBPUSD Jul 07 to Jul 11 OutlookIntraday Cycle Projection (GBPUSD) 2014-03-173DP Odds Table (GBPUSD) 2021-03-183DP Odds Table (GBPUSD) 2019-07-223DP Odds Table (GBPUSD) 2013-08-09Intraday Cycle Projection (GBPUSD) 2018-07-24Intraday Cycle Projection (GBPUSD) 2014-03-11
As Featured In
The IHS on hourly will be invalidated if it drops any further from here.
i.e. tagging 1.575