Trading Edges That Last
- You May Also LikeFor 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 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 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 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 MOREPrecog Vision – Forex 2020-8-4Precog Vision – Forex 2021-7-1Hot n Cold (GBPUSD) 2015-12-113DP Odds Table (GBPUSD) 2011-04-273DP Odds Table (GBPUSD) 2021-01-07Precog Vision – Forex 2018-9-24Nasdaq 100 Jul 18 to Jul 22 OutlookPrecog Vision – Forex 2022-9-293DP Odds Table (GBPUSD) 2023-01-23Hot n Cold (GBPUSD) 2011-7-21
As Featured In
GBPUSD Dec 26 to Dec 30 Outlook
Lawrence’s Comment
Broken above the resistance zone mentioned last week, leading to immediate reversal to normal upside target of Y+2. Stalled from Y+2 and tried to stay above Y+1 but eventually failed. Closed the week below midpoint.
Outlook
The sudden reversal is again euro zone news driven. The weaknesses by end of week indicates Y+1 and above is strong resistance. Consolidation is expected during the last week of the year between Y+1 downto B-1.
Share