Trading Edges That Last
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Lawrence's Comment Recap Like clock work, Aussie was the easiest play last week. Held Y-0 and move above Y+1 giving way to Y+2 my target. Then cleared Y+1 on a small pullback ...READ MORELawrence's Comment Recap The other easy play for the week. Failed to push above Y-0 and dropped straight down to Y-2 target mentioned last week. Consolidated around Y-2 and gave us a ...READ MOREFor more information about this report please refer to the Market Bias Informant page Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREPrecog Vision – Forex 2017-5-8Intraday Cycle Projection (GBPUSD) 2011-09-09EURUSD Oct 07 to Oct 11 OutlookAUDUSD Mar 18 to Mar 22 Outlook3DP Odds Table (GBPUSD) 2020-09-30Hot n Cold (GBPUSD) 2016-3-4GBPUSD Nov 04 to Nov 08 Outlook3DP Odds Table (GBPUSD) 2016-11-02Precog Vision – Forex 2013-2-12Intraday Cycle Projection (GBPUSD) 2017-12-13
As Featured In
GBPUSD Jul 29 to Aug 02 Outlook
Lawrence’s Comment
Cable popped higher first before pullback gave it a chance to stay above Y+1. That paved the way for cable to tag Y+2. Closed the week above midpoint and Y+1.
Outlook
Tight range week. Rising wedge from the week before last turned into an upchannel. Such structure do not last. A break of B-1 will send cable back down to B-3 and lower easily.
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