Trading Edges That Last
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ContentReviewEuro Breakdown Mode BeginsS&P Done with the UpsideGold Consolidation ContinuesBig Picture SummaryReviewEuro pullback to retest the breakout down channel top turned into all out selloff for a new low, filling ...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 Cable tried to bottom yet not producing a strong reaction at Y-1 to go higher. Instead, it is trapped below the 1.66 key price level mentioned last week. Closed ...READ MORE3DP Odds Table (GBPUSD) 2013-09-06Precog Vision – Forex 2016-3-30Hot n Cold (GBPUSD) 2017-11-3MBO Issue 100 (Apr 2020) Fire the IdiotsIntraday Cycle Projection (GBPUSD) 2018-02-19EURUSD Jun 27 to Jul 01 OutlookIntraday Cycle Projection (GBPUSD) 2013-07-123DP Odds Table (GBPUSD) 2022-12-20Precog Vision – Forex 2012-1-23GBPUSD Sep 01 to Sep 05 Outlook
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GBPUSD Aug 17 to Aug 21 Outlook
Lawrence’s Comment
FBO against previous support confirmed early in the week, opening the door to Y+1 and above. Cable held Y-0 and move higher to Y+1 as expected. Closed the week near Y+1 and week high.
Outlook
Cable back into the range established over the past few weeks. The FBO setup points to more upside to challenge the top boundary over the past few weeks. A breakout above that will lead to a zoom up to at least B+2.
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