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Lawrence's Comment Recap Loonie finally breakout of the 3 week boundary. Y+1 was not even touched when the pullback started. Y-0 was cleared quickly opening the way to Y-1. Strong 4 hour ...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 MOREContentReviewEuro Breakdown Mode BeginsS&P Done with the UpsideGold Consolidation ContinuesBig Picture SummaryReviewEuro pullback to retest the breakout down channel top turned into all out selloff for a new low, filling ...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 Completely news driven. Euro simply zoom to the nearest target and then wait for the next news shock. Closed the week at Y-0 below midpoint. Outlook As long as ...READ MOREUSDCAD Apr 20 to Apr 24 OutlookPrecog Vision – Forex 2019-10-7Hot n Cold (GBPUSD) 2016-4-13DP Odds Table (GBPUSD) 2020-04-07S&P 500 Aug 26 to Aug 30 OutlookMBO Issue 100 (Apr 2020) Fire the IdiotsPrecog Vision – Forex 2016-6-8Dow 30 Oct 14 to Oct 18 OutlookEURUSD Jun 25 to Jun 29 Outlook3DP Odds Table (GBPUSD) 2019-10-07
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GBPUSD Jun 24 to Jun 28 Outlook
Lawrence’s Comment
As expected a rounding top that FBO against Y+1 and gave us Y-1 easily. The bonus is the move down to Y-2 to end the week. Closed the week near week low and below Y-1.
Outlook
Outside week with close below Y-1 is a strong bearish setup for more downside. As long as Y-1 acting as resistance B-2 in play.
The implication of the potential move is an interesting one though as what can drive Cable dropping another 200 pips this quickly?
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