Trading Edges That Last
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Lawrence's Comment Recap Mon/Tue produced a swing high allowing us to join the continuation sell later in the week. Closed the week below Y-0 and near week low. Outlook The selling is not completed. ...READ MORELawrence's Comment Recap Tight range breakout to the upside. Tagged breakout target of Y+3. Closed the week near Y+3 and week high. Outlook Consolidation around B+1 likely until NFP Friday.READ MORELawrence's Comment Recap Breached Y-1 in the beginning of the week but did not stay below. Bounced to Y-0 and stopped there as usual. Sold back down to Y-1. Closed the week ...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 MORE3DP Odds Table (GBPUSD) 2016-07-183DP Odds Table (GBPUSD) 2020-06-05AUDUSD Apr 21 to Apr 25 OutlookNasdaq 100 May 30 to Jun 03 OutlookUSDJPY Oct 21 to Oct 25 OutlookEURUSD Jul 14 to Jul 18 OutlookPrecog Vision – Forex 2016-7-11Intraday Cycle Projection (GBPUSD) 2016-07-04Intraday Cycle Projection (GBPUSD) 2017-10-24Intraday Cycle Projection (GBPUSD) 2012-05-16
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GBPUSD Oct 10 to Oct 14 Outlook
Lawrence’s Comment
Pressed below Y-0 resulted in a selloff testing the September low. 2nd drop from around Y-1 was a news shock thus failed to carry the pair lower with weight and resulted in immediate bounce back into the consolidation range. Closed the week the 3rd time around Y-0.
Outlook
Indecision is the word I used last week and here we go again stuck at the same spot. Nothing changes until we get a decisive move off this zone between B-1 to Y+1.
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