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Lawrence's Comment Recap Tight range 2-way swings as expected. 50% week range. Closed the week near Y-0 and midpoint. Outlook Compression points to breakout mode. The struggle to hold Y-0 points to ...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 MOREGBPUSD Feb 15 to Feb 19 Outlook3DP Odds Table (GBPUSD) 2016-03-113DP Odds Table (GBPUSD) 2023-01-093DP Odds Table (GBPUSD) 2015-12-23Precog Vision – Forex 2013-7-5USDCAD Aug 09 to Aug 13 OutlookIntraday Cycle Projection (GBPUSD) 2014-07-01Precog Vision – Forex 2022-4-63DP Odds Table (GBPUSD) 2018-09-07Intraday Cycle Projection (GBPUSD) 2016-10-07
As Featured In
GBPUSD Jan 12 to Jan 16 Outlook
Lawrence’s Comment
As expected more downside to Y-2 before a bounce. Failed to clear Y-1 leading to extended slide down to Y-3 normal expansion target. Closed the week below Y-2 and midpoint.
Outlook
A retest of B-1 likely. Failure to hold there will drop cable to B-2. Support at B-1 will lead to a bounce back up to B+1.
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