Trading Edges That Last
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Lawrence's Comment Recap 3 pushes up into Y+2 resistance, signalled clean drop to Y-1. Got the drop and found support. ES bounced back up after news about Ukraine was fed out at ...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 MORE3DP Odds Table (GBPUSD) 2012-09-07Intraday Cycle Projection (GBPUSD) 2017-04-17GBPUSD May 30 to Jun 03 OutlookHot n Cold (GBPUSD) 2023-4-14Precog Vision – Forex 2018-8-20Intraday Cycle Projection (GBPUSD) 2023-04-11Intraday Cycle Projection (GBPUSD) 2014-11-14S&P 500 Sep 08 to Sep 12 OutlookPrecog Vision – Forex 2020-8-26Intraday Cycle Projection (GBPUSD) 2019-09-17
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GBPUSD Feb 24 to Feb 28 Outlook
Lawrence’s Comment
Spike high followed by strong reaction back down below Y+1. Consolidation play with 50% range as expected. Closed the week above Y-0 and near week low.
Outlook
Y-0 is still in play and can happen early next week.
Reaction from below Y-0, specifically quick snap back up above B-1 will setup cable to run higher to retest Y+1 / B+1.
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