Trading Edges That Last
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Lawrence's Comment Recap Dow consolidated around Y-0 until FOMC announcement. After announcement Dow rushed to 100% absolute range expansion target and stalled from there. Closed the week above Y-0 and near midpoint. ...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 MOREPrecog Vision – Forex 2018-10-243DP Odds Table (GBPUSD) 2015-03-04Intraday Cycle Projection (GBPUSD) 2023-04-14Dow 30 Sep 26 to Sep 30 Outlook3DP Odds Table (GBPUSD) 2011-10-21Intraday Cycle Projection (GBPUSD) 2011-07-283DP Odds Table (GBPUSD) 2023-04-263DP Odds Table (GBPUSD) 2015-01-26Precog Vision – Forex 2017-1-3Hot n Cold (GBPUSD) 2012-11-7
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GBPUSD May 09 to May 13 Outlook
Lawrence’s Comment
Rising wedge broken and gave us Y-1 as expected. Closed the week near Y-1 and week low.
Outlook
The monthly resistance is now confirmed. B-0 / Y+1 very strong resistance for more downside.
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