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Lawrence's Comment Recap Clean swing from Y-1 as support, breaking the resistance at Y-0 and gave us the breakout we are looking for. Y+3 target tagged. Closed the week at ...READ MORELawrence's Comment Recap Bounced all the way back to Y+3 exactly as expected. Closed the week above Y+3. Outlook As long as B-1 to B-0 acts as support a short term bottom is ...READ MORELawrence's Comment Recap Cleared Y+1 early in the week and zoomed higher to tag Y+2. Failed to clear that and stalled quickly back down to near Y-1. Closed the week above Y-0 ...READ MORE3DP Odds Table (GBPUSD) 2021-12-063DP Odds Table (GBPUSD) 2019-10-07Intraday Cycle Projection (GBPUSD) 2021-11-11USDJPY Aug 20 to Aug 24 Outlook3DP Odds Table (GBPUSD) 2021-08-26GBPUSD Feb 15 to Feb 19 OutlookUSDJPY Feb 13 to Feb 17 OutlookIntraday Cycle Projection (GBPUSD) 2018-12-13USDCAD Mar 02 to Mar 06 Outlook3DP Odds Table (GBPUSD) 2019-10-07
As Featured In
GBPUSD Nov 19 to Nov 23 Outlook
Lawrence’s Comment
Pure drifting weaknesses. Y-1 acted as resistance yet cable did not drop to Y-2, just drift slowly towards it. Late reversal attempt failed to push cable to close above Y-1. Closed the week above midpoint near Y-1.
Outlook
Potential bottom in the making. Like to see clean breakout above B+1 and that the zone B-0 to B+1 turning into support for swing long.
Failing to breakout above B+1 points to further weaknesses.
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