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Lawrence's Comment Recap Y+1 rejected which gave us Y-0 and below. Gold not going up quickly contributed to the move. Closed the week below Y-0 and midpoint. Outlook A pullback from multiple weeks up ...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 MORELawrence's Comment Recap Consolidation around Y+1 with 50% previous week range. Closed the week at Y+1. Outlook Breaking about B+1 should give us B+2 quickly. The unlikely scenario is that B-1 is breached ...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) 2015-08-07AUDUSD Feb 24 to Feb 28 OutlookPrecog Vision – Forex 2014-11-13Intraday Cycle Projection (GBPUSD) 2019-01-24Precog Vision – Forex 2011-8-12Intraday Cycle Projection (GBPUSD) 2018-03-02GBPUSD Mar 26 to Mar 30 OutlookPrecog Vision – Forex 2023-4-7Precog Vision – Forex 2019-1-14Dow 30 Jan 01 to Jan 05 Outlook
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GBPUSD Aug 10 to Aug 14 Outlook
Lawrence’s Comment
Trapped in same range as in past several weeks. Then downside breakout happened. Closed the week near Y-1 and below midpoint.
Outlook
For the breakout to continue, Y-1 must act as resistance and force cable lower quickly. FBO against Y-1 will produce a sharp squeeze higher back up to challenge Y+1.
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