Trading Edges That Last
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Lawrence's Comment Recap Strength in gold helping to push this pair lower. Resistance at 1.08 was not even challenged. Y-1 resistance gave way to Y-2 target. Closed the week below Y-2 and ...READ MORELawrence's Comment Recap Gap down with Dow but testing the Y-0 zone only. Rallied since upto 100% absolute range expansion. As mentioned last week, we need a decisive break above Y+1 for ...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 MOREUSDCAD Jun 30 to Jul 04 OutlookS&P 500 Jul 28 to Aug 01 OutlookPrecog Vision – Forex 2021-9-3USDJPY Jan 14 to Jan 18 OutlookIntraday Cycle Projection (GBPUSD) 2017-07-04S&P 500 Jul 20 to Jul 24 Outlook3DP Odds Table (GBPUSD) 2015-03-133DP Odds Table (GBPUSD) 2011-06-23Intraday Cycle Projection (GBPUSD) 2017-07-07Intraday Cycle Projection (GBPUSD) 2015-11-11
As Featured In
GBPUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Further pullback happened but Y-1 was not tagged. This gives cable the strength to clear Y-0 and gun for Y+1 and above. Closed the week above Y+1 and midpoint.
Outlook
Stop run does not last. B+1 resistance will send this back down to B-0 / Y-0. Failing to close above support zone points to FBO on weekly in the making.
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