Trading Edges That Last
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Lawrence's Comment Recap Pushed higher to the resistance zone as mentioned last week and sold off from there. Gapped down to Y-0 eventually but buying below forced ES back up. Closed the ...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 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) 2018-01-22Intraday Cycle Projection (GBPUSD) 2013-11-15Intraday Cycle Projection (GBPUSD) 2014-12-23S&P 500 Mar 28 to Apr 01 OutlookHot n Cold (GBPUSD) 2017-1-133DP Odds Table (GBPUSD) 2018-07-26Intraday Cycle Projection (GBPUSD) 2011-06-01Precog Vision – Forex 2021-3-18Precog Vision – Forex 2018-5-28Hot n Cold (GBPUSD) 2022-12-16
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GBPUSD Mar 04 to Mar 08 Outlook
Lawrence’s Comment
Opened the week below Y-1 and struggled around Y-1 since. By end of the week, cable can no longer hold the price level and flushed down to almost Y-2. Closed the week near week low and below Y-1.
Outlook
Potential flush low in the making. If cable can hold B-2 and snap back up to above Y-1 on 4 hour close basis, a quick run up will take cable back up to B+3.
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