Trading Edges That Last
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Lawrence's Comment Recap Sold off straight down to Y-2 target opened the door to Y-3. Stair step action going down until 100% absolute range was reached. Closed the week below Y-2 and ...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 2017-7-12Intraday Cycle Projection (GBPUSD) 2012-05-04AUDUSD Sep 29 to Oct 03 Outlook3DP Odds Table (GBPUSD) 2014-11-26Precog Vision – Forex 2018-3-123DP Odds Table (GBPUSD) 2014-10-31Hot n Cold (GBPUSD) 2015-9-183DP Odds Table (GBPUSD) 2018-05-17Forex Intraday Bias: Lower Low Pivot Failure3DP Odds Table (GBPUSD) 2018-11-30
As Featured In
GBPUSD Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Y+1 acted as resistance and sold off to target zone mentioned last week. Closed the week above midpoint.
Outlook
Y+1 and B+1 is now key price level to break thru to terminate this downtrend. Breaking above that points to B+2 to B+3 as first target zone.
Selloff from B+1 breaking below B-0 points to B-2 to B-3 in play.
Both setups are nicely structured.
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