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Lawrence's Comment Recap Y-0 never challenged. Cable simply consolidating around Y+1 within 50% absolute range. Closed the week below Y+1 and midpoint. Outlook The more interesting scenario is that cable breaking below ...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 NQ resistance at Y-1 sent it down to right above Y-3 when 100% absolute range expansion was reached. NQ then staged a bottom right on time for a run ...READ MORELawrence's Comment Recap As expected, bulls tried hard right from the beginning of the week gapped Dow higher yet failed to turn around the established down trend. Dow dropped to Y-1 and ...READ MOREGBPUSD Sep 24 to Sep 28 OutlookIntraday Cycle Projection (GBPUSD) 2022-04-13Precog Vision – Forex 2022-8-29Weekly Cycle Projection (GBPUSD) 2023-01-02Intraday Cycle Projection (GBPUSD) 2020-12-02Nasdaq 100 Oct 20 to Oct 24 OutlookDow 30 Oct 13 to Oct 17 OutlookS&P 500 Aug 15 to Aug 19 OutlookGBPUSD Jan 23 to Jan 27 OutlookIntraday Cycle Projection (GBPUSD) 2022-06-28
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GBPUSD Aug 05 to Aug 09 Outlook
Lawrence’s Comment
My favorite pair behaved nicely last week. Sold off as expected and dropped down to almost Y-3 target before it staged the bounce. Closed the week above midpoint and Y-1.
Outlook
Downside target rejected. Closing above Y-1 gives players an excuse to push cable higher to at least Y-0.
No strong bias this week to lean on from chart pattern. No strong stats supporting a move to either Y-0 and Y-2.
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