Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Y-1 was not touched and we get the rally we expected. Better yet, it is exactly 200% absolute range expansion. What more can we ask for? Outlook 200% absolute ...READ MORELawrence's Comment Recap Consolidated around Y+1 and then breakout upside failed. That gave us the Y-0 retest. Y-0 tagged eventually. Closed the week above Y-0 and below midpoint. Outlook Still bullish on daily but ...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 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 2018-5-21Dow 30 Jul 04 to Jul 08 OutlookUSDJPY Oct 21 to Oct 25 OutlookHot n Cold (GBPUSD) 2015-10-23USDJPY Nov 15 to Nov 19 OutlookPrecog Vision – Forex 2018-4-16USDJPY Apr 01 to Apr 05 OutlookUSDCAD Nov 14 to Nov 18 OutlookDow 30 Dec 29 to Jan 02 Outlook3DP Odds Table (GBPUSD) 2022-05-31
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GBPUSD May 28 to Jun 01 Outlook
Lawrence’s Comment
Consolidation around Y-1 and 50% range of the week before. Closed near the week low.
Outlook
No clear swing formation to lean on. Even last week I can tell that you cannot bet on the long side. This week cable is sitting at a dangerous zone where it can swing violently.
Will be difficult and I will stay away from the pair this week.
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