Trading Edges That Last
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Lawrence's Comment Recap As expected yen is too weak for any upside push. Closed the week at midpoint. Outlook No direction. Bias towards another test of low from August since upside is rejected ...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 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 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 MOREIntraday Cycle Projection (GBPUSD) 2020-04-30Precog Vision – Forex 2013-8-9USDJPY Sep 05 to Sep 09 OutlookUSDJPY Nov 12 to Nov 16 OutlookEURUSD Apr 18 to Apr 22 OutlookIntraday Cycle Projection (GBPUSD) 2015-08-183DP Odds Table (GBPUSD) 2011-06-30Precog Vision – Forex 2023-5-2Precog Vision – Forex 2014-10-21Precog Vision – Forex 2017-5-23
As Featured In
GBPUSD May 25 to May 29 Outlook
Lawrence’s Comment
Pullback to support zone mentioned last week as expected. Attempt to bounce back up failed to clear 1.57 weekly resistance. Closed the week below Y-0 and midpoint.
Outlook
Inside down week with midpoints near each other is mildly bearish. It points to test of Y-1 likely. A break of Y-1 points to gap fill of the open gap below which also ends the cable weekly up trend.
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