Trading Edges That Last
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Lawrence's Comment Recap As expected, price is trapped in between. Consolidation within 50% of previous week range. Outlook If B+1 is taken out, Y+1 to B+2 will be tagged.READ MOREPrecog Vision – Forex 2021-5-24Intraday Cycle Projection (GBPUSD) 2013-06-03Precog Vision – Forex 2019-1-113DP Odds Table (GBPUSD) 2022-05-02USDCAD Jun 13 to Jun 17 Outlook3DP Odds Table (GBPUSD) 2016-12-013DP Odds Table (GBPUSD) 2021-05-05Intraday Cycle Projection (GBPUSD) 2019-08-21Intraday Cycle Projection (GBPUSD) 2014-12-09Weekly Cycle Projection (GBPUSD) 2019-03-25
As Featured In
GBPUSD Jan 28 to Feb 01 Outlook
Lawrence’s Comment
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a flush to B-3 to complete this leg down.
The rare case scenario is that cable jumped above B+1. That will induce a quick pop to Y-0.
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