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Lawrence's Comment Recap As expected, Aussie stays weak and failed to clear Y-0. Dropped below Y-1 and stopped at equal distance off previous week close. Closed the week near Y-1 and below ...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 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 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 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 MOREAUDUSD Aug 11 to Aug 15 OutlookGBPUSD Dec 06 to Dec 10 OutlookPrecog Vision – Forex 2016-4-15Precog Vision – Forex 2017-3-31Hot n Cold (GBPUSD) 2015-3-63DP Odds Table (GBPUSD) 2021-01-26Intraday Cycle Projection (GBPUSD) 2023-04-213DP Odds Table (GBPUSD) 2014-10-29Precog Vision – Forex 2018-6-5Precog Vision – Forex 2019-5-23
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GBPUSD Aug 11 to Aug 15 Outlook
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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