Trading Edges That Last
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Lawrence's Comment Recap NQ failed to clear prior week close and collapsed back down to Y-0. Y-0 has been acting as resistance since and sent NQ down to Y-1. Y-1 support led ...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 MOREHot n Cold (GBPUSD) 2016-4-83DP Odds Table (GBPUSD) 2014-03-04Precog Vision – Forex 2013-1-16Nasdaq 100 Feb 02 to Feb 06 OutlookIntraday Cycle Projection (GBPUSD) 2021-02-02Precog Vision – Forex 2020-9-22Precog Vision – Forex 2021-3-293DP Odds Table (GBPUSD) 2020-06-08Dow 30 Mar 11 to Mar 15 OutlookWeekly Cycle Projection (GBPUSD) 2018-10-15
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GBPUSD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Easy play of the week. Previous week close right below Y-0 acted as resistance sending cable down to Y-2 target. No surprises, no fake out. Closed the week below Y-1 and near week low.
Outlook
Long term support zone 1.69-1.70 can trigger some wild swings.
As long as Y-1 / B-0 acting as resistance, more downside is expected.
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