Trading Edges That Last
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Lawrence's Comment Recap News shock interrupted the parabolic up swing in ES. The strength in the index, however, forced another rally from Y-1 back up to above Y-0 before it stalled. ...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 MOREIntraday Cycle Projection (GBPUSD) 2012-11-26Precog Vision – Forex 2015-5-26Precog Vision – Forex 2011-10-17S&P 500 Nov 07 to Nov 11 Outlook3DP Odds Table (GBPUSD) 2012-06-08Nasdaq 100 Aug 01 to Aug 05 Outlook3DP Odds Table (GBPUSD) 2012-09-143DP Odds Table (GBPUSD) 2023-05-02Precog Vision – Forex 2017-8-1Precog Vision – Forex 2016-9-1
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GBPUSD May 02 to May 06 Outlook
Lawrence’s Comment
Unfolded exactly as mentioned last week. Consolidation within the prescribed range. A breakout of Y+1 leads to doubling the week’s range.
Outlook
As long as B-0 acts as support, Y+2 to B+2 will be tagging early next week.
The more interesting scenario is that B+1 acting as resistance and send the pair down below B-0. If that happens, B-1 will be easily broken with a target of B-2.
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