Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap As stated last week, stairstep rally in place. Upside target of Y+2 tagged by end of the week. Outlook Stairstep rally is very difficult to snap out of, thus it ...READ MORELawrence's Comment Recap Gap up and traded above Y+1 has turned into a false breakout. That set the stage for a selloff to Y-1. Yet right before Y-1 was tagged, ...READ MOREPrecog Vision – Forex 2017-11-153DP Odds Table (GBPUSD) 2017-11-30GBPUSD Oct 31 to Nov 04 Outlook3DP Odds Table (GBPUSD) 2022-04-28Dow 30 Jun 04 to Jun 08 OutlookIntraday Cycle Projection (GBPUSD) 2022-11-22Intraday Cycle Projection (GBPUSD) 2014-08-213DP Odds Table (GBPUSD) 2021-01-113DP Odds Table (GBPUSD) 2012-09-27Intraday Cycle Projection (GBPUSD) 2022-03-29
As Featured In
GBPUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
Held upside breakout crime scene and took off from there. 100% absolute range expansion capped the move. Pullback to midpoint since. Closed the week above Y-0 and near midpoint.
Outlook
Brexit in effect. Even though potential up channel in the making things can change in a heart beat. B-0 turning into resistance will lead to return back down to Y-0 / B-1.
Share