Trading Edges That Last
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Lawrence's Comment Recap Previous week close resistance sent the pair down to Y-0. Y-0 did not act as support at all gave us test of Y-1. Y-1 also failed to act as ...READ MOREI have been talking about this in my real-time chatroom for quite sometime and many people email me for the specifics. Here is an introduction of market breadth on forex ...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) 2020-08-28USDCAD Jul 29 to Aug 02 Outlook3DP Odds Table (GBPUSD) 2013-11-07GBPUSD Apr 02 to Apr 06 OutlookHot n Cold (GBPUSD) 2011-7-27USDJPY Jun 15 to Jun 19 OutlookForex Market Breadth Analysis: Introduction3DP Odds Table (GBPUSD) 2022-10-07Precog Vision – Forex 2012-5-4Hot n Cold (GBPUSD) 2011-4-8
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GBPUSD Mar 07 to Mar 11 Outlook
Lawrence’s Comment
FBO against Y-1 happened and then head and shoulder bottom was formed on 4 hour. Y-0 cleared and crime scene above where the breakdown started was revisited. Closed the week above Y-0 and near week high.
Outlook
The open gap above Y+1 is asking for a test. If the gap zone serves as resistance and a swing top is formed, cable will be forced back dwon to test B-0 and below.
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