Trading Edges That Last
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Lawrence's Comment Recap Last week mentioned in S&P 500 commentary that both Y+1 and Y-1 may be tagged, and in Nasdaq 100 I called that double whiplash. We got exactly ...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 MOREAnother Forex Conspiracy (Sort of) Proven To BeIntraday Cycle Projection (GBPUSD) 2020-12-10Weekly Cycle Projection (GBPUSD) 2018-10-15Dow 30 Nov 12 to Nov 16 OutlookS&P 500 Jun 19 to Jun 23 Outlook3DP Odds Table (GBPUSD) 2020-04-23Intraday Cycle Projection (GBPUSD) 2014-04-30Precog Vision – Forex 2019-4-29Intraday Cycle Projection (GBPUSD) 2014-11-03Intraday Cycle Projection (GBPUSD) 2012-04-24
As Featured In
GBPUSD Feb 29 to Mar 04 Outlook
Lawrence’s Comment
Breakdown play to Y-2 and then Y-3 normal target materialized. 1.40 round number turned into resistance. Closed the week below Y-3 and near week low.
Outlook
For short term bottom, cable has to complete a FBO against B-1 to get a better chance at clearing B-0. Strong downside momentum means it is better to focus on the short side for now.
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