Trading Edges That Last
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Lawrence's Comment Recap Swing top formed with FBO against Y+1. Collapsed back down to Y-0. Closed the week near Y-0 and below midpoint. Outlook Y+1 / B-0 now resistance until proven otherwise. ...READ MORELawrence's Comment Recap Aussie tried to hold above Y+1 but failed. That opened the door to Y-1 retest. Got the retest done and bounced off since. Closed the week above midpoint and ...READ MOREGBPUSD Sep 27 to Oct 01 OutlookWeekly Cycle Projection (GBPUSD) 2018-09-03EURUSD Dec 25 to Dec 29 OutlookPrecog Vision – Forex 2013-5-23EURUSD Dec 03 to Dec 07 OutlookEURUSD Aug 08 to Aug 12 OutlookHot n Cold (GBPUSD) 2017-4-21AUDUSD May 06 to May 10 OutlookHot n Cold (GBPUSD) 2021-4-303DP Odds Table (GBPUSD) 2015-07-17
As Featured In
GBPUSD Apr 08 to Apr 12 Outlook
Lawrence’s Comment
Got Y+1 early in the week. But not holding Y-0 at all as cable collapsed back down to below Y-1. Yet it did not stay below Y-1. Another push lower failed to tag Y-2 and zoomed back up since. Cleared Y-0 in 1 go and then tagged Y+2. Closed the week near Y+2 and week high.
Outlook
2nd half of week was partially driven by news shock. Momentum will carry the pair higher into early next week so price above B+1 is expected. If Y+3 acts as resistance, it is likely cable will consolidation between Y+3 down to Y+1.
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