Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y-0. Tried hard to hold Y-0 early in the week but failed. Leading to a move down to equal distance below Y-0. There was no panic selling ...READ MORELawrence's Comment Recap Did not comment on euro last week due to technical issues with the post not added proper. Y+1 acted as resistance leading to a quick break below ...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 MOREDow 30 Feb 14 to Feb 18 OutlookPrecog Vision – Forex 2017-8-23DP Odds Table (GBPUSD) 2021-04-12Intraday Cycle Projection (GBPUSD) 2020-05-18USDCAD Feb 14 to Feb 18 OutlookPrecog Vision – Forex 2018-11-2USDJPY Feb 25 to Mar 01 OutlookEURUSD Jan 09 to Jan 13 OutlookPrecog Vision – Forex 2015-9-9Intraday Cycle Projection (GBPUSD) 2018-01-29
As Featured In
GBPUSD Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint.
Outlook
Consolidation with strength to close above Y+1 is bullish.
Potential FBO against Y+1 if cable fails to hold above B-0.
If cable is really moving higher, it has little room below to keep it going.
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