Trading Edges That Last
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Recap of Last Week Stalled from weekly open range established on Monday, failed to hold prior week high on 2nd try, leads to a quick drop towards prior week ...READ MORELawrence's Comment Recap No surpirse at all - pulled back to Y-0. Found support and then push back up to test Y+1. Did not clear it and stalled. Closed the week near ...READ MORELawrence's Comment Recap The no bias setup became a breakout play this past week. Cable was trapped at the upper zone mentioned last week. Then the announcement came, cable flushed down to ...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 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 MOREAUDUSD Nov 28 to Dec 02 OutlookS&P 500 Dec 20th to Dec 24th OutlookIntraday Cycle Projection (GBPUSD) 2019-07-12EURUSD Sep 30 to Oct 04 OutlookGBPUSD Aug 12 to Aug 16 OutlookIntraday Cycle Projection (GBPUSD) 2019-04-30Precog Vision – Forex 2018-3-293DP Odds Table (GBPUSD) 2011-10-14Precog Vision – Forex 2014-11-20Hot n Cold (GBPUSD) 2018-12-21
As Featured In
GBPUSD Jul 02 to Jul 06 Outlook
Lawrence’s Comment
Drifted near B-1 as mentioned last week. That led to a flush below Y-1. Yet news shock from euro zone changed its course and forced a reversal back up to above Y-0. Stopped finally when 100% range of last week is reached. Closed at the week high.
Outlook
A short term bottom is forced in place. It does not matter how it is done. As long as B-0 acts as support, looking for cable to go higher with B+2 as first target.
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