Trading Edges That Last
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Lawrence's Comment Recap Another week of going nowhere as expected. Gold's strength has helping Aussie to stay above Y-0 most of the week. Closed the week above Y-0 and midpoint. Outlook Reduced range with ...READ MORE3DP Odds Table (GBPUSD) 2018-12-25Hot n Cold (GBPUSD) 2011-8-25Intraday Cycle Projection (GBPUSD) 2012-09-04Hot n Cold (GBPUSD) 2011-7-223DP Odds Table (GBPUSD) 2021-03-19Intraday Cycle Projection (GBPUSD) 2014-02-053DP Odds Table (GBPUSD) 2014-12-17Hot n Cold (GBPUSD) 2022-9-2AUDUSD Jun 30 to Jul 04 OutlookIntraday Cycle Projection (GBPUSD) 2020-07-24
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GBPUSD Aug 04 to Aug 08 Outlook
Lawrence’s Comment
Sold off from resistance zone mentioned last week. Dropped to Y-3 breakout target as volatility increases. Closed below Y-3 and at week low.
Outlook
Warned last week wild swings are expected going forward. More down side likely with B-2 first likely temporary support. If support is found at B-2 a pullback to above Y-3 is expected.
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