Trading Edges That Last
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Lawrence's Comment Recap As expected ninja drifted higher towards to 102 boundary. Y+1 acted as support in midpoint selloff. Closed the week at week high and above Y+2. Outlook The up move is not ...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 The more predictable pair as usual. Held Y-0 and rallied to upside target mentioned last week. Not impressive strong run though. Closed the week above Y+1 and near week ...READ MORE3DP Odds Table (GBPUSD) 2014-10-01Precog Vision – Forex 2013-5-30Precog Vision – Forex 2022-7-22USDJPY Jul 08 to Jul 12 OutlookIntraday Cycle Projection (GBPUSD) 2013-05-08S&P 500 Dec 16 to Dec 20 Outlook3DP Odds Table (GBPUSD) 2020-09-09Weekly Cycle Projection (GBPUSD) 2011-12-26Precog Vision – Forex 2017-10-17GBPUSD Jul 22 to Jul 26 Outlook
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Lawrence’s Comment
My favorite pair behaved nicely last week. Sold off as expected and dropped down to almost Y-3 target before it staged the bounce. Closed the week above midpoint and Y-1.
Outlook
Downside target rejected. Closing above Y-1 gives players an excuse to push cable higher to at least Y-0.
No strong bias this week to lean on from chart pattern. No strong stats supporting a move to either Y-0 and Y-2.
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