Trading Edges That Last
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Lawrence's Comment Recap Easy play of the week. Got the breakout to the downside early in the week, run straight down to Y-3 and consolidated since. 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 MORE3DP Odds Table (GBPUSD) 2023-05-023DP Odds Table (GBPUSD) 2019-10-07Precog Vision – Forex 2023-4-20S&P 500 Jun 05 to Jun 09 OutlookUSDCAD Jul 03 to Jul 07 OutlookUSDCAD May 05 to May 09 Outlook3DP Odds Table (GBPUSD) 2019-01-01AUDUSD Feb 27 to Mar 03 Outlook3DP Odds Table (GBPUSD) 2015-02-27Precog Vision – Forex 2021-3-5
As Featured In
GBPUSD Jan 07 to Jan 11 Outlook
Lawrence’s Comment
The slight weekly bias towards the upside gave cable a boost to Y+3. Then fiscal cliff deal changed everything sending cable back down to Y-2. Closed the week near week low and below Y-1.
Outlook
Cable hammered a short term high in place. As long as B-0 upto Y+2 stays as resistance cable should trade lower in coming weeks. Looking for swing trade opportunities to the downside.
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