Trading Edges That Last
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Lawrence's Comment Recap Inside week. Absolutely going nowhere. Closed the week below Y-0 and midpoint. Outlook A week of bear flag points to retest of Y-1 sometime next week. If a base ...READ MOREContent Review Euro Completed Its Quarterly Expansion S&P Time’s Up on Daily Expansion Gold ...READ MORE3DP Odds Table (GBPUSD) 2020-11-04Intraday Cycle Projection (GBPUSD) 2020-09-15Precog Vision – Forex 2021-4-1USDJPY Jul 09 to Jul 13 Outlook3DP Odds Table (GBPUSD) 2013-03-15Nasdaq 100 Oct 10 to Oct 14 OutlookMBO Issue 70 (Oct 2017) Are You Ready3DP Odds Table (GBPUSD) 2014-03-26Weekly Cycle Projection (GBPUSD) 2019-06-03EURUSD Nov 29 to Dec 03 Outlook
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GBPUSD Dec 23 to Dec 27 Outlook
Lawrence’s Comment
Cable failed to move higher and made a new low. FOMC announcement took it back up and stop run printed a new high for the week but there was no follow thru. Closed the week below Y-0 and midpoint.
Outlook
Both directions are rejected. Outside week closing near Y-0. Indecision. Notice it is 2nd outside week which is very rare. We need an inside week now to setup for the next directional move. Otherwise, cable is likely to be trapped within the current boundaries.
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