Trading Edges That Last
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Lawrence's Comment Recap Bounced back up to resistance I mentioned last week. Sold off in 2 legs down to target. Still my favorite pair. Closed at the low of the ...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 MORELawrence's Comment Recap Blow-off action on Monday led to the expected pullback of 30 points. Closed the week below Y-0 and midpoint. Outlook Potential blow-off top on weekly. Y-0 / B-0 strong resistance. A ...READ MORELawrence's Comment Recap As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint. Outlook Tight range week with close ...READ MOREPrecog Vision – Forex 2011-11-2GBPUSD Mar 12 to Mar 16 OutlookEURUSD Sep 16 to Sep 20 OutlookPrecog Vision – Forex 2017-1-263DP Odds Table (GBPUSD) 2016-11-30S&P 500 Jun 16 to Jun 20 OutlookUSDCAD Jun 08 to Jun 12 OutlookIntraday Cycle Projection (GBPUSD) 2018-06-19S&P 500 Jul 29 to Aug 02 OutlookIntraday Cycle Projection (GBPUSD) 2019-03-01
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GBPUSD Sep 21 to Sep 25 Outlook
Lawrence’s Comment
Pullback to Y-0 without a test of Y+1. Y-0 support sent cable straight back up to Y+1 and cleared it with ease. Y+1 support helped cable higher to tag Y+2. Closed the week above Y+1 and midpoint.
Outlook
Measured move target Y+2 reached with strong reaction. Cable needs some time to absorb the move. Consolidation around B-0 likely.
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