Trading Edges That Last
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Lawrence's Comment Recap Y-0 breached to the downside after a weak attempt to push higher failed. Y-1 tagged and Aussie stayed weak since. Closed the week below midpoint and near Y-1. Outlook As ...READ MOREGBPUSD May 16 to May 20 OutlookIntraday Cycle Projection (GBPUSD) 2013-05-16Intraday Cycle Projection (GBPUSD) 2011-12-203DP Odds Table (GBPUSD) 2020-12-28Precog Vision – Forex 2020-10-83DP Odds Table (GBPUSD) 2013-06-12Intraday Cycle Projection (GBPUSD) 2012-10-01Intraday Cycle Projection (GBPUSD) 2015-04-10USDJPY Oct 26 to Oct 30 OutlookAUDUSD Nov 19 to Nov 23 Outlook
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GBPUSD Jul 01 to Jul 05 Outlook
Lawrence’s Comment
Stayed weak and sold off down to Y-2 my downside target. Closed the week near week low and above Y-2.
Outlook
Slow structured selling do not last but it is not the time to pick bottom yet.
until Cable snap out of the down channel first, it is easy for the pair to continue the move down to B-2 / Y-3.
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