Trading Edges That Last
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Lawrence's Comment Recap More downside as expected but failed to tag Y-2. Just consolidated around Y-1. Closed the week near Y-1 and midpoint. Outlook Indecision to close near Y-1 means a chance to push ...READ MOREPrecog Vision – Forex 2014-7-1Precog Vision – Forex 2011-10-6Hot n Cold (GBPUSD) 2016-9-30EURUSD Nov 02 to Nov 06 Outlook3DP Odds Table (GBPUSD) 2012-11-28Hot n Cold (GBPUSD) 2021-9-24Precog Vision – Forex 2015-5-12Weekly Cycle Projection (GBPUSD) 2020-11-23USDCAD Jun 12 to Jun 16 OutlookUSDJPY Apr 01 to Apr 05 Outlook
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GBPUSD Jul 27 to Jul 31 Outlook
Lawrence’s Comment
Y+1 resistance sent Cable back down to Y-1 as expected. Closed the week below Y-0 and midpoint.
Outlook
Inside week weak close is bearish. Breakout mode with B-0 cleared from below will lead to at least a test of B+1. B-0 strong resistance until proven otherwise with downside breakout more likely.
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