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 Gapped above Y+1 on Monday and closed below. All out selloff induced until 100% absolute range expansion right above Y-1. NQ then tried very hard to produce ...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 MOREWeekly Cycle Projection (GBPUSD) 2017-10-233DP Odds Table (GBPUSD) 2016-02-03Precog Vision – Forex 2020-4-3Intraday Cycle Projection (GBPUSD) 2014-11-19EURUSD Jun 18 to Jun 22 Outlook3DP Odds Table (GBPUSD) 2023-02-13Nasdaq 100 Jan 21 to Jan 25 OutlookNasdaq 100 Dec 10 to Dec 14 Outlook3DP Odds Table (GBPUSD) 2022-07-28Precog Vision – Forex 2016-7-7
As Featured In
GBPUSD Nov 28 to Dec 02 Outlook
Lawrence’s Comment
Behaved like euro, cable simply failed to hold Y-1 and dropped to below Y-2 and stopped when 100% absolute range expansion was completed. Closed the week at the low of the week.
Outlook
More downside is expected. A down channel is developed and cable will snap out of it sooner or later.
Any bounce should take cable back up to B-0.
Share