Trading Edges That Last
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Lawrence's Comment Recap Sold off as expected. Target Y-3 tagged. Easy weekly move completed. Closed the week near Y-2 and midpoint. Outlook Gaps above B+1 and below B-1 are in play once ...READ MORE3DP Odds Table (GBPUSD) 2018-10-01AUDUSD Apr 25 to Apr 29 OutlookAUDUSD Feb 27 to Mar 03 Outlook3DP Odds Table (GBPUSD) 2011-07-13Precog Vision – Forex 2021-8-313DP Odds Table (GBPUSD) 2018-07-26Intraday Cycle Projection (GBPUSD) 2016-01-25Dow 30 Jun 20 to Jun 24 Outlook3DP Odds Table (GBPUSD) 2013-08-22Weekly Cycle Projection (GBPUSD) 2020-11-23
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GBPUSD Jan 26 to Jan 30 Outlook
Lawrence’s Comment
Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint.
Outlook
1.50 key psychological level breached. Cable must snap back above B-0 and stay above by close of next week or another wave of liquidation is coming to send cable much lower.
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