Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap As expected intervention triggered. But at least half of that disappeated by Friday close. Outlook This week due to the S&P downgrade, potential Fed and G8 inventions will throw all ...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 MORELawrence's Comment Recap Feb close did not even attempt to hold up at Y-1 and slided to 50% downside expansion target at Y-2. The bounce was stopped right at Y-1 ...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 MOREIntraday Cycle Projection (GBPUSD) 2017-05-05EURUSD Feb 06 to Feb 10 Outlook3DP Odds Table (GBPUSD) 2022-01-04USDJPY Aug 08 to Aug 12 Outlook3DP Odds Table (GBPUSD) 2017-08-23Intraday Cycle Projection (GBPUSD) 2016-07-04Precog Vision – Forex 2012-5-9USDCAD Mar 07 to Mar 11 OutlookPrecog Vision – Forex 2021-2-26Intraday Cycle Projection (GBPUSD) 2018-05-28
As Featured In
GBPUSD Jul 27 to Jul 31 Outlook
Lawrence’s Comment
Y+1 resistance sent Cable back down to Y-1 as expected. Closed the week below Y-0 and midpoint.
Outlook
Inside week weak close is bearish. Breakout mode with B-0 cleared from below will lead to at least a test of B+1. B-0 strong resistance until proven otherwise with downside breakout more likely.
Share