Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap 17000 round number support sparked a strong rally back up to 17700. Reactions to FOMC decision the day after were opposite to what most people expected. Beautiful drop back ...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 MORE3DP Odds Table (GBPUSD) 2015-05-21Precog Vision – Forex 2022-5-173DP Odds Table (GBPUSD) 2020-06-26Dow 30 Dec 21 to Dec 25 OutlookDow 30 Feb 19 to Feb 23 Outlook3DP Odds Table (GBPUSD) 2023-05-02Intraday Cycle Projection (GBPUSD) 2022-11-10Precog Vision – Forex 2017-4-7Intraday Cycle Projection (GBPUSD) 2018-06-213DP Odds Table (GBPUSD) 2011-08-19
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GBPUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Sudden reversal as expected. Breaking below Y-0 gave us Y-1. 100% absolute range expansion stopped the drop and another sudden reversal by US NFP report. Closed the week below Y-0 and midpoint.
Outlook
Brexit countdown. News shocks should be expected everyday. Compression around the current level with long tails at both ends likely.
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