Trading Edges That Last
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Lawrence's Comment Recap Sideway drift continues with Y-0 acted as support in the beginning of the week which gave us a run to Y+1. Y+1 rejected gave us a move back down ...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 MORELawrence's Comment Recap Aussie bounced with the rest of the majors due to dovish expectation / rumors all week. As expected, Y-0 was tested aftter Y-1 acted as support. Wild swings around ...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 MOREIntraday Cycle Projection (GBPUSD) 2017-07-17Precog Vision – Forex 2020-3-27Nasdaq 100 Oct 30 to Nov 03 OutlookEURUSD Jun 30 to Jul 04 OutlookIntraday Cycle Projection (GBPUSD) 2014-09-08Precog Vision – Forex 2020-9-15Precog Vision – Forex 2021-11-23DP Odds Table (GBPUSD) 2022-03-22AUDUSD Sep 14 to Sep 18 OutlookPrecog Vision – Forex 2011-10-14
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GBPUSD Aug 27 to Aug 31 Outlook
Lawrence’s Comment
Breakout to the upside. Destroyed the wedge formation. This kind of breakout usually gives us an explosive move and it has not failed us this time. A quick run to Y+4 before pullback to midpoint of the week to close.
Outlook
A retest of B+1 is likely. From there if no renew buying coming in, can easily fall back down to B-1.
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