Trading Edges That Last
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Lawrence's Comment Recap Rally all the way back to original resistance underneath Y+1. 1-2-3 sell off from there back to almost Y-1. Closed the week between Y-0 and Y-1. Outlook Inside week. ...READ 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 MORELawrence's Comment Recap Beautiful whiplash action as expected against Y+1 first and than dropping cable down to my target at Y-2. Closed the week near Y-2 and week low. Outlook Momentum to ...READ MORELawrence's Comment Recap First weekly higher low in place. 1.30 acted as support. And they found an excuse to clear 1.32. Closed the week printing 4 week highest high and above Y+1. Outlook Bullish ...READ MOREPrecog Vision – Forex 2019-8-12Weekly Cycle Projection (GBPUSD) 2016-03-21USDCAD Mar 12 to Mar 16 OutlookPrecog Vision – Forex 2016-4-22EURUSD Nov 07 to Nov 11 OutlookIntraday Cycle Projection (GBPUSD) 2021-01-29Intraday Cycle Projection (GBPUSD) 2013-03-29GBPUSD Apr 13 to Apr 17 Outlook3DP Odds Table (GBPUSD) 2022-04-26EURUSD Jan 14 to Jan 18 Outlook
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GBPUSD Feb 21 to Feb 25 Outlook
Lawrence’s Comment
Held Y-1 as support, took off and tagged Y+1. That part was expected. The failure to go higher than Y+1 leading to a pullback was also expected. But the news shock surprised the players and brought the pair down to week low again, I was a bit surprised too. Ended the week by rallying to the high of the week.
Outlook
As mentioned last week, Y+2 is still the target. And if that is taken out, B+3 next.
A breakdown below B+1 implies B-0 in play again.
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