Trading Edges That Last
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Lawrence's Comment Recap As I pointed out last week, even though Dow is clearly in a pullback correction phase, it will not be an orderly environment. Well, it materialized last week. FOMC ...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 2023-1-19Precog Vision – Forex 2019-1-30Precog Vision – Forex 2016-11-9Intraday Cycle Projection (GBPUSD) 2019-06-28Dow 30 Mar 23 to Mar 27 OutlookIntraday Cycle Projection (GBPUSD) 2013-11-07Precog Vision – Forex 2018-12-31Weekly Cycle Projection (GBPUSD) 2015-03-30Intraday Cycle Projection (GBPUSD) 2022-10-07Intraday Cycle Projection (GBPUSD) 2015-04-13
As Featured In
GBPUSD Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Sold off in the beginning of the week. Bounced off fib level (see USDCAD comment) and rallied all the way up to 200% absolute range expansion target. Ended the week stuck at the top part of the week`s range.
Outlook
Unlike the metal currencies, cable is showing clear intention of holding above Y+1 and to go higher. Breaking above B+1 means B+2 and B+3 in play.
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