Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap No test of Y-0 was possible as NQ gap above Y+1 to start the week. Gap and go sent NQ above Y+2. Closed the week near Y+2 and above ...READ MORELawrence's Comment Recap Consolidation above Y-0 as expected. Originally looked like a breakout to the upside was in the making, until news shock hit late in the week. Got the ...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 MORENasdaq 100 Aug 25 to Aug 29 OutlookUSDJPY Jun 18 to Jun 22 OutlookDow 30 Oct 18 to Oct 22 OutlookIntraday Cycle Projection (GBPUSD) 2013-10-31Weekly Cycle Projection (GBPUSD) 2016-07-113DP Odds Table (GBPUSD) 2018-11-19Intraday Cycle Projection (GBPUSD) 2011-11-24Precog Vision – Forex 2014-1-9Intraday Cycle Projection (GBPUSD) 2012-07-09Intraday Cycle Projection (GBPUSD) 2015-06-17
As Featured In
GBPUSD Sep 10 to Sep 14 Outlook
Lawrence’s Comment
The more interesting scenario happened. Cable held Y-0, breakout of Y+1 and gave us 1.60 and Y+3 in 1 go. Essentially no heat taken. Cannot ask for anything more than that. Closed the week near week high.
Outlook
1.60 area is long term resistance zone. Tagging it is one thing, breaking above it is another matter.
Consolidation around B-0 to B+1 is likely this week.
Share