Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the ...READ MORELawrence's Comment Recap Consolidated around Y-0 and Y-1. Closed the week above Y-1. Outlook If Y-1 acts as support and send the pair above 1.06 area, the 4 hour level down trend ...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 MOREDow 30 Dec 24 to Dec 28 OutlookS&P 500 Jul 30 to Aug 03 OutlookGBPUSD Jul 25 to Jul 29 OutlookHot n Cold (GBPUSD) 2022-8-12Hot n Cold (GBPUSD) 2021-1-1AUDUSD Jun 27 to Jul 01 OutlookHot n Cold (GBPUSD) 2013-5-10Intraday Cycle Projection (GBPUSD) 2015-11-18Precog Vision – Forex 2016-5-253DP Odds Table (GBPUSD) 2016-07-20
As Featured In
GBPUSD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
Outlook
FBO against Y+1 points to Y-0 and Y-1 are in play as long as Y+1 / B-0 acting as resistance.
Share