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Lawrence's Comment Recap Wild consolidation indeed. Aussie spiked up and down around Y+1 as expected and ended the week lower above Y-0 and near week low. Outlook Price above Y+1 is now decisively rejected. ...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 Y+1 / previous week close resistance dropped Dow back down to Y-0. Dow bounced off Y-0 to fill the gap above and stalled. After NFP Dow dropped to Y-0 ...READ MORELawrence's Comment Recap This pair just stuck at a tight range all week. The break and flush near end of week did not produce a run as it bounced back up ...READ MORELawrence's Comment Recap Bottoming formation gave us a run from Y-0 to Y+2, yet Y+1 failed to act as support. Closed the week below Y+1 and midpoint. Outlook Y+1 failing to hold means the ...READ MOREHot n Cold (GBPUSD) 2015-12-18GBPUSD Jan 31 to Feb 04 OutlookAUDUSD Oct 28 to Nov 01 OutlookUSDCAD Apr 30 to May 04 OutlookPrecog Vision – Forex 2018-2-23DP Odds Table (GBPUSD) 2013-07-10Dow 30 Sep 07 to Sep 11 OutlookUSDCAD Jan 14 to Jan 18 OutlookHot n Cold (GBPUSD) 2012-3-15AUDUSD Jul 28 to Aug 01 Outlook
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GBPUSD Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Bounced back upto the pre-breakdown level as expected. But that was all it could do and stalled back down to Y-0 and consolidated since. Closed the week above Y-0 and midpoint.
Outlook
2 weeks in a row closing close to the same midpoint points to indecision. Inside week formation is telling the same. Cable is now officially in breakout mode and we should wait for the breakout first before jumping on board.
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