Trading Edges That Last
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Lawrence's Comment Recap Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below ...READ MORERecap of last week Could not hold the previous bottom and made a new low by end of November. First week of December made yet another new low. ...READ MORE3DP Odds Table (GBPUSD) 2011-10-123DP Odds Table (GBPUSD) 2012-04-13Intraday Cycle Projection (GBPUSD) 2012-02-08Intraday Cycle Projection (GBPUSD) 2012-11-28USDJPY Oct 14 to Oct 18 OutlookIntraday Cycle Projection (GBPUSD) 2023-04-243DP Odds Table (GBPUSD) 2021-08-09Intraday Cycle Projection (GBPUSD) 2013-01-16Intraday Cycle Projection (GBPUSD) 2019-06-19EURAUD Week of Dec 6th to Dec 10th
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GBPUSD Jun 10 to Jun 14 Outlook
Lawrence’s Comment
Moved higher as expected and then it turned into full power rally. When cable cleared Y+3, a short squeeze / stop run was induced. Closed the week above Y+3 and midpoint.
Outlook
Cable snapped out of its pullback on weekly.
As long as it can hold Y+2 to B-0 zone on a potential pullback, B+1 will be retested.
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