Trading Edges That Last
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Lawrence's Comment Recap Waiting for the breakout paid off. Upside breakout tagged the usual Y+3 target and paused there. After NFP price zoomed to Y+4 and stalled. Closed the week above Y+3 ...READ MOREIntraday Cycle Projection (GBPUSD) 2019-07-093DP Odds Table (GBPUSD) 2018-02-283DP Odds Table (GBPUSD) 2023-05-02Intraday Cycle Projection (GBPUSD) 2013-12-243DP Odds Table (GBPUSD) 2019-09-26USDCAD Jun 06 to Jun 10 OutlookPrecog Vision – Forex 2017-8-29Precog Vision – Forex 2022-3-28USDCAD Jan 13 to Jan 17 Outlook3DP Odds Table (GBPUSD) 2023-05-02
As Featured In
GBPUSD Dec 22 to Dec 26 Outlook
Lawrence’s Comment
Cable dropped to Y-0 and bounced. Breached Y+1 but failed to hold above. That sent cable down to Y-1 in 1 go. Bounced from Y-1 but no longer able to clear Y-0. Closed the week below Y-0 and midpoint.
Outlook
Cable definitely trying to hold its ground at Y-1 / B-1 area even though it is not strong enough yet to break the weekly down trend. Going into holiday weeks consolidation in tight range is expected.
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