Trading Edges That Last
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Lawrence's Comment Recap As noise coming from various events dying down, normal behaviour came back. A breakout of Y+1 points to Y+2 target for the week. That was completed by Friday. Outlook The ...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 MOREUSDJPY Dec 13 to Dec 17 OutlookIntraday Cycle Projection (GBPUSD) 2020-05-25Intraday Cycle Projection (GBPUSD) 2015-03-183DP Odds Table (GBPUSD) 2011-12-27Precog Vision – Forex 2022-1-11Intraday Cycle Projection (GBPUSD) 2018-04-17Weekly Cycle Projection (GBPUSD) 2022-02-21Precog Vision – Forex 2016-8-17Dow 30 Apr 04 to Apr 08 OutlookPrecog Vision – Forex 2017-8-21
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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