Trading Edges That Last
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Lawrence's Comment Recap First thing first, ES slided down to my target Y-2. Support was found and ES started to drift higher. At 100% range expansion, ES could no longer sustain itself ...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 Euro got its 1.32 test and zoomed thru it to Y+2 and 1.33. Closed the week above Y+2 and midpoint. Outlook Thin rising wedge / up channel in place. It is ...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 MORE3DP Odds Table (GBPUSD) 2021-11-053DP Odds Table (GBPUSD) 2014-05-053DP Odds Table (GBPUSD) 2022-12-22S&P 500 Apr 14 to Apr 18 Outlook3DP Odds Table (GBPUSD) 2017-12-19Precog Vision – Forex 2016-9-14EURUSD Jan 29 to Feb 02 OutlookEURUSD Jul 29 to Aug 02 OutlookIntraday Cycle Projection (GBPUSD) 2022-06-30Precog Vision – Forex 2013-4-11
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GBPUSD Mar 05 to Mar 09 Outlook
Lawrence’s Comment
Went higher as expected, but only half way through 1-2-3 sell was formed sending cable back down. Closed the week above Y-0.
Outlook
Consistent with euro, signs that the strength in USD is building up.
Maybe, relative value of different brands of toilet paper actually matters.
The weaknesses should carry to next week.
As long as Y+1 stays as resistance, Y-1 is in play.
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