Trading Edges That Last
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Lawrence's Comment Recap Dow stays near unchange and then breakout to the upside. Cannot stop until 200% absolute range expansion was reached. Clsoed the week above Y+3 and near week high. ...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 2019-10-73DP Odds Table (GBPUSD) 2022-06-15Intraday Cycle Projection (GBPUSD) 2020-05-253DP Odds Table (GBPUSD) 2021-09-143DP Odds Table (GBPUSD) 2022-01-14Dow 30 Oct 26 to Oct 30 OutlookNasdaq 100 May 25 to May 29 Outlook3DP Odds Table (GBPUSD) 2023-03-16Precog Vision – Forex 2019-9-19Hot n Cold (GBPUSD) 2018-1-5
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GBPUSD May 21 to May 25 Outlook
Lawrence’s Comment
As mentioned last week – cable was sitting at a tricky area. Instead of a bounce and drop, it simply dropped and cleared 3x previous week range before it stopped. Closed the week at Y-5.
Outlook
B-0 and Y-1 are the 2 targets on the upside. I am not betting on that.
Hands off swing trade on the pair until I get a better setup on 4 hours.
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