Trading Edges That Last
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Lawrence's Comment Recap Consolidation around the closing price as expected. It is within the 100% range of the week before last too. Closed the week below Y-1 and above midpoint. Outlook The ...READ MOREUSDCAD Dec 25 to Dec 29 OutlookPrecog Vision – Forex 2016-2-223DP Odds Table (GBPUSD) 2013-05-28Precog Vision – Forex 2019-10-7Hot n Cold (GBPUSD) 2014-7-11Intraday Cycle Projection (GBPUSD) 2021-04-02GBPUSD Nov 15 to Nov 19 OutlookUSDJPY Sep 01 to Sep 05 Outlook3DP Odds Table (GBPUSD) 2018-05-16Dow 30 Jun 28 to Jul 02 Outlook
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GBPUSD Mar 31 to Apr 04 Outlook
Lawrence’s Comment
FBO against Y-1 gave us Y-0 test. Y-0 could not stop cable from going higher and turned into stop run. Cable essentially moved back to the crime scene where the last flush started. Closed the week above Y-0 and near week high.
Outlook
Thin up channel all week. Such formation do not last. A pullback to Y-0 / B-0 is normal and likely.
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