Trading Edges That Last
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Recap of last week Pullback as expected. Reacted wildly between 1.61 and 1.60. It is a fight to continue the expansion to the upside - 1.60 is the previous ...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 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 MOREGBPUSD Week of Nov 15th to 19th Outlook3DP Odds Table (GBPUSD) 2013-02-183DP Odds Table (GBPUSD) 2012-04-23Intraday Cycle Projection (GBPUSD) 2012-10-10Nasdaq 100 Apr 02 to Apr 06 OutlookUSDJPY Mar 22 to Mar 26 OutlookPrecog Vision – Forex 2021-12-7Precog Vision – Forex 2015-7-3Intraday Cycle Projection (GBPUSD) 2018-08-313DP Odds Table (GBPUSD) 2023-03-09
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GBPUSD Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Cable found support at Y-0 and eventually challenged Y+1 and then the break down crime scene I mentioned last week. Thatès all it can do and the selloff started. Closed the week near Y-0 and below midpoint.
Outlook
The daily bear flag on cable will be confirmed if a daily close below B-1 is printed. The longer term players will likely give up longs and lead to a drop back down to Y-1 and below.
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