Trading Edges That Last
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Lawrence's Comment Recap As expected the push to the upside has failed and resulted in a test of Y-1. Yet Dow defended the Y-1 boundary and rallied back above Y-0. Closed the ...READ MOREPrecog Vision – Forex 2019-10-7Weekly Cycle Projection (GBPUSD) 2017-10-303DP Odds Table (GBPUSD) 2012-01-033DP Odds Table (GBPUSD) 2011-09-16Precog Vision – Forex 2019-1-30Nasdaq 100 Oct 10 to Oct 14 Outlook3DP Odds Table (GBPUSD) 2016-07-20Precog Vision – Forex 2019-6-12Dow 30 Apr 02 to Apr 06 OutlookDow 30 Jul 29 to Aug 02 Outlook
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GBPUSD Aug 17 to Aug 21 Outlook
Lawrence’s Comment
FBO against previous support confirmed early in the week, opening the door to Y+1 and above. Cable held Y-0 and move higher to Y+1 as expected. Closed the week near Y+1 and week high.
Outlook
Cable back into the range established over the past few weeks. The FBO setup points to more upside to challenge the top boundary over the past few weeks. A breakout above that will lead to a zoom up to at least B+2.
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