Trading Edges That Last
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Lawrence's Comment Recap Pullback to Y-0 without a test of Y+1. Y-0 support sent cable straight back up to Y+1 and cleared it with ease. Y+1 support helped cable higher to tag ...READ MORELawrence's Comment Recap Rallied 1st to Y+1 without testing Y-0 set the stage for FBO back down to Y-1. Y-1 cleared with no resistance at all. Landed at Y-2 normal downside target. ...READ MORELawrence's Comment Recap Rising wedge broken and gave us Y-1 as expected. Closed the week near Y-1 and week low. Outlook The monthly resistance is now confirmed. B-0 / Y+1 very strong ...READ MOREPrecog Vision – Forex 2014-12-31Intraday Cycle Projection (GBPUSD) 2018-06-05Intraday Cycle Projection (GBPUSD) 2014-11-13GBPUSD Sep 21 to Sep 25 OutlookEURUSD Jul 01 to Jul 05 OutlookUSDCAD Sep 01 to Sep 05 Outlook3DP Odds Table (GBPUSD) 2018-09-04GBPUSD May 09 to May 13 OutlookIntraday Cycle Projection (GBPUSD) 2012-03-27Intraday Cycle Projection (GBPUSD) 2015-06-29
As Featured In
GBPUSD Jun 22 to Jun 26 Outlook
Lawrence’s Comment
No test of Y-0 with straight up breakout. That gave us Y+2 target. Y+2 tagged easily with 100% absolute range expansion stopped the run. Closed the week above Y+2 and near week high.
Outlook
Stop run move points to consolidation and a test of B-0 is in order. Resistance at B+1 / Y+3.
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