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Lawrence's Comment Recap Consolidation expectation worked out nicely. Ninja zoomed to Y+1 and found resistance. After 2nd try at Y+1 and failed to clear the stage was set for a drop back ...READ MORELawrence's Comment Recap Drifted back up to Y-0 as expected. Sideway actions since. Closed the week below Y-0 and near week low. Outlook The expectation of retesting Y-1 is still in play. ...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 Attempt to break above Y+1 failed and led to a test of Y-1. Support found above Y-1. Closed the week below Y-0 and midpoint. Outlook Inside week points to ...READ MORE3DP Odds Table (GBPUSD) 2019-10-07USDJPY Apr 06 to Apr 10 OutlookAUDUSD Feb 14 to Feb 18 OutlookIntraday Cycle Projection (GBPUSD) 2023-02-213DP Odds Table (GBPUSD) 2014-06-053DP Odds Table (GBPUSD) 2021-06-02USDJPY Feb 22 to Feb 26 OutlookPrecog Vision – Forex 2023-2-1Intraday Cycle Projection (GBPUSD) 2013-06-25USDJPY Aug 15 to Aug 19 Outlook
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Lawrence’s Comment
Weak pullback not even touching Y-0 ended with another drop to Y-1. Eventually Y-1 was cleared giving us equal distance from previous week close. Closed the week below Y-1 and at week low.
Outlook
Consolidation action with weak close is bearish. More down side is expected. A quick flush to B-2 early next week can produce a temporary support for a bounce back up to B+1 / Y-0.
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