Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as resistance, gave us a good run down to Y-2 target mentioned last week. Found support there and bounced back up. Closed the week below Y-1 and ...READ MORELawrence's Comment Recap Flushed below Y-1 and snap back up as expected. Pretty much risk free long since. Zoomed higher until 100% absolute range expansion is completed. Closed the week above Y-0 ...READ MOREUSDCAD Oct 22 to Oct 26 Outlook3DP Odds Table (GBPUSD) 2023-05-02Intraday Cycle Projection (GBPUSD) 2014-08-053DP Odds Table (GBPUSD) 2017-12-22GBPUSD Nov 27 to Dec 01 OutlookIntraday Cycle Projection (GBPUSD) 2014-02-12Hot n Cold (GBPUSD) 2011-5-10Precog Vision – Forex 2018-12-14GBPUSD May 27 to May 31 OutlookGBPUSD Mar 18 to Mar 22 Outlook
As Featured In
GBPUSD Oct 01 to Oct 05 Outlook
Lawrence’s Comment
Slow pullback / consolidation as expected. Closed near Y-1 below midpoint.
Outlook
End of the week sharp reversal points to strong resistance around B+1 area. There is no real support in cable until B-2 area. As long as B-0 is acting as resistance, there is no reason to be bullish.
A slide to B-2 is expected.
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