Trading Edges That Last
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Lawrence's Comment Recap Consolidation around previous week close. Wait and see situation due to the crisis in Ukraine has taken a turn for the worse. Gold strengthen last week played a role ...READ MORELawrence's Comment Recap Started the week gap lower to challenge Y-1 and bounced. Y-0 resistance sent Aussie lower to retset previous week close. That held and a squeeze was resulted. Yet, Aussie ...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) 2019-10-07Intraday Cycle Projection (GBPUSD) 2013-10-303DP Odds Table (GBPUSD) 2023-01-11Intraday Cycle Projection (GBPUSD) 2021-07-09USDCAD Apr 28 to May 02 OutlookAUDUSD Oct 20 to Oct 24 OutlookPrecog Vision – Forex 2011-10-243DP Odds Table (GBPUSD) 2012-09-06Intraday Cycle Projection (GBPUSD) 2017-06-273DP Odds Table (GBPUSD) 2021-09-29
As Featured In
GBPUSD May 09 to May 13 Outlook
Lawrence’s Comment
Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1.
Outlook
Tagging Y-2 early in the week will point to further weaknesses as long as Y-1 to B-0 acts as resistance.
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