Trading Edges That Last
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Lawrence's Comment Recap Completely wrong on this one last week that par is in sight. Similar to its metal friend Aussie, both turned strong against dollar quickly and violently with ...READ MOREIntraday Cycle Projection (GBPUSD) 2012-03-28Hot n Cold (GBPUSD) 2011-4-5Weekly Cycle Projection (GBPUSD) 2016-07-183DP Odds Table (GBPUSD) 2018-08-17Japan Election 2012 December 16th3DP Odds Table (GBPUSD) 2015-01-19Weekly Cycle Projection (GBPUSD) 2018-07-23Weekly Cycle Projection (GBPUSD) 2021-09-13USDCAD Jan 07 to Jan 11 OutlookGBPUSD Dec 18 to Dec 22 Outlook
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GBPUSD Jan 20 to Jan 24 Outlook
Lawrence’s Comment
Started the week rejecting Y+1 and dropped quickly. Y-0 then acted as resistance giving us a drop to below Y-1. Yet originaly down side target still not reached and ended with a late week bounce. Closed the week below Y-0 and near midpoint.
Outlook
Rejected Y-1 decisively. Down trend invalidated. Another pair with potential wide range consolidation in play. Not bullish until B+1 / Y+1 is cleared.
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