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Lawrence's Comment Recap Opened the week above Y+1 and staying above invalidated the potential for a drop back down to Y-0 and below. Fed announcement sent cable to Y+3 normal breakout target ...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 MORENasdaq 100 Nov 30 to Dec 04 OutlookIntraday Cycle Projection (GBPUSD) 2021-04-23Intraday Cycle Projection (GBPUSD) 2021-02-19Intraday Cycle Projection (GBPUSD) 2020-04-23Nasdaq 100 Jan 24 to Jan 28 OutlookGBPUSD Sep 23 to Sep 27 Outlook3DP Odds Table (GBPUSD) 2020-06-08Precog Vision – Forex 2018-5-21Intraday Cycle Projection (GBPUSD) 2018-11-19Weekly Cycle Projection (GBPUSD) 2019-01-28
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GBPUSD Aug 08 to Aug 12 Outlook
Lawrence’s Comment
As expected the 3 pushes up led to a selloff below Y-1. Instead of falling further, cable consolidated in range. Closed the week above midpoint.
Outlook
This week due to the S&P downgrade, potential Fed and G8 inventions will throw all markets into chaos. See this and the related articles as the situation develops over the weekend.
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