Trading Edges That Last
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Lawrence's Comment Recap Further consolidation around Y-0 area. End of week weaknesses failed to break the Y-1 support. Closed the week near week low and below Y-0. Outlook Inside week from daily up trend ...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 MORELawrence's Comment Recap Breakout mode tested the lower extreme and failed to clear it, gave us the real direction (up). Normal breakout target of 200% the range defined by the boundaries tagged ...READ MOREIntraday Cycle Projection (GBPUSD) 2021-10-11AUDUSD Jan 21 to Jan 25 OutlookAUDUSD Jan 21 to Jan 25 OutlookUSDCAD Nov 11 to Nov 15 Outlook3DP Odds Table (GBPUSD) 2022-11-093DP Odds Table (GBPUSD) 2019-10-07Weekly Cycle Projection (GBPUSD) 2019-08-05Precog Vision – Forex 2013-8-233DP Odds Table (GBPUSD) 2023-05-02USDCAD Jan 05 to Jan 09 Outlook
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GBPUSD Jun 30 to Jul 04 Outlook
Lawrence’s Comment
As mentioned last week, cable has little room for pullback if it is really going higher. Well, the bullish pattern gave cable enough strength to consolidate around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week up close is bullish. Consolidation from up swing is bullish. It gives an edge to upside breakout with B+3 normal target in play.
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