Trading Edges That Last
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Lawrence's Comment Recap Cable held previous week close and started a squeeze back up to Y+1. Y+1 resistance dropped cable back down. Closed the week below Y-0 and midpoint. Outlook Ledge like ...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 MORELawrence's Comment Recap Tried to break Y-0 twice and failed. That staged the rally to test Y+1 as expected. Closed the week below Y+1 as an inside week. Outlook Same as last ...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 MOREGBPUSD Feb 02 to Feb 06 OutlookPrecog Vision – Forex 2013-4-24USDCAD Oct 22 to Oct 26 Outlook3DP Odds Table (GBPUSD) 2016-10-183DP Odds Table (GBPUSD) 2017-09-18GBPUSD Sep 03 to Sep 07 OutlookPrecog Vision – Forex 2013-12-25GBPUSD Jun 17 to Jun 21 Outlook3DP Odds Table (GBPUSD) 2012-09-143DP Odds Table (GBPUSD) 2019-10-07
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GBPUSD Apr 13 to Apr 17 Outlook
Lawrence’s Comment
Beautiful whiplash action as expected against Y+1 first and than dropping cable down to my target at Y-2. Closed the week near Y-2 and week low.
Outlook
Momentum to the down side is too strong for B-1 to hold. Y-1 now strong resistance until proven otherwise. More downside is expected.
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