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 As expected, ninja started weak and failed to clear even Y-1. That opened the door to Y-3. Flushed down to Y-3 and bounced. Closed the week below Y-1 and ...READ MOREIntraday Cycle Projection (GBPUSD) 2019-03-08AUDUSD May 03 to May 07 OutlookUSDCAD Mar 30 to Apr 03 OutlookPrecog Vision – Forex 2015-7-203DP Odds Table (GBPUSD) 2014-01-103DP Odds Table (GBPUSD) 2021-03-123DP Odds Table (GBPUSD) 2023-01-02USDJPY Oct 20 to Oct 24 Outlook3DP Odds Table (GBPUSD) 2016-10-123DP Odds Table (GBPUSD) 2017-10-04
As Featured In
GBPUSD Sep 16 to Sep 20 Outlook
Lawrence’s Comment
As expected, a strong swing emerged after all those spikey moves. Clearing Y+2 as mentioned last week is not something to counter. Closed the week near week high and above Y+3.
Outlook
Very interested in the price reaction in Y+4 to 1.60 area. The strong move higher was the consequence of a big fight down there below Y+1 where the bears lost. That was back then. Now Cable has put in so many pockets and voids below, it will have a very hard time going much higher.
Consolidation around B+1 with down side bias later in the week to retest B-0 / Y+2.
Share