Trading Edges That Last
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Lawrence's Comment Recap Attempted to hold Y-1 earlier in the week leading to a pop higher back up to Y+1. Closed the week above Y-0 and midpoint. Outlook Consolidation actions indicate indecision. ...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 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 MOREWeekly Cycle Projection (GBPUSD) 2022-01-17AUDUSD Jan 25 to Jan 29 OutlookS&P 500 Feb 01 to Feb 05 OutlookIntraday Cycle Projection (GBPUSD) 2023-03-06Precog Vision – Forex 2020-12-33DP Odds Table (GBPUSD) 2023-05-02Precog Vision – Forex 2021-7-27EURUSD Oct 31 to Nov 04 Outlook3DP Odds Table (GBPUSD) 2015-05-08Precog Vision – Forex 2022-7-21
As Featured In
GBPUSD Jul 22 to Jul 26 Outlook
Lawrence’s Comment
The more predictable pair as usual. Held Y-0 and rallied to upside target mentioned last week. Not impressive strong run though. Closed the week above Y+1 and near week high.
Outlook
The run is not strong enough to clear the resistance but it is also not weak enough to be considered as a false breakout. Clear rising wedge pattern suggests potential FBO in the making if Cable breaks below B-0 quickly, a retest of B-1 and flushing down to B-2 likely.
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