Trading Edges That Last
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Lawrence's Comment Recap Dropped to downside target as expected. Consolidation since. Closed the week below Y-1 and near midpoint. Outlook The selloff down to Y-2 is just normal reaction to the spike reversal from ...READ MOREPrecog Vision – Forex 2016-10-5Weekly Cycle Projection (GBPUSD) 2013-10-21Intraday Cycle Projection (GBPUSD) 2018-07-12Hot n Cold (GBPUSD) 2020-8-213DP Odds Table (GBPUSD) 2017-05-24Dow 30 May 16 to May 20 OutlookIntraday Cycle Projection (GBPUSD) 2022-11-28Intraday Cycle Projection (GBPUSD) 2017-11-14USDJPY May 12 to May 16 OutlookIntraday Cycle Projection (GBPUSD) 2020-09-25
As Featured In
GBPUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 and below. Closed the week near Y-3 and below midpoint.
Outlook
A bounce to Y-2 / B-0 is in the making as long as B-1 acts as support. Potential 3 pushes down on 4 hour in the making.
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