Trading Edges That Last
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Lawrence's Comment Recap Initial break of Y-1 resulted in strong reaction and sent this back up to Y-0. Y-0 resistance confirmed and dropped this down to Y-2. Support found and drifted back ...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 MOREPrecog Vision – Forex 2014-6-53DP Odds Table (GBPUSD) 2012-11-29Intraday Cycle Projection (GBPUSD) 2013-07-16USDCAD Feb 22 to Feb 26 OutlookHot n Cold (GBPUSD) 2013-4-12USDJPY Jul 10 to Jul 14 OutlookEURUSD Sep 16 to Sep 20 OutlookPrecog Vision – Forex 2017-9-25Intraday Cycle Projection (GBPUSD) 2018-04-203DP Odds Table (GBPUSD) 2012-08-23
As Featured In
GBPUSD Jan 23 to Jan 27 Outlook
Lawrence’s Comment
The power of euro zone b.s. machine gave cable a shock and squeeze. The normal 100% absolute range expansion under such condition happened like clockwork. Closed the week above B+1.
Outlook
If the rumors and b.s. promises die down, cable should pullback to at least B-0 area.
Should more squeeze happens quickly, Y+2 should put a cap on the move and force cable to go sideway or back down by middle of the week.
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