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Lawrence's Comment Recap We just encountered one of the wildest week of the year. In the beginning of the week everything looks weak with Y-1 breached yet the gap down induced buying ...READ MOREAUDUSD Sep 19 to Sep 23 OutlookDow 30 Nov 11 to Nov 15 OutlookDow 30 Jan 23 to Jan 27 OutlookIntraday Cycle Projection (GBPUSD) 2021-07-303DP Odds Table (GBPUSD) 2019-03-11Intraday Cycle Projection (GBPUSD) 2022-10-24USDCAD Mar 27 to Mar 31 Outlook3DP Odds Table (GBPUSD) 2014-05-20Weekly Cycle Projection (GBPUSD) 2013-12-16Weekly Cycle Projection (GBPUSD) 2015-07-06
As Featured In
GBPUSD Aug 26 to Aug 30 Outlook
Lawrence’s Comment
3 Pushes early in the week resulted in a snap back down to below Y+1 and triggered the FBO against Y+1. Tagged Y-0 by end of the week. Weak formation as expected. Closed the week above Y-0 and below midpoint.
Outlook
Still no clear sign whether it is a top in the making on daily or that it is ready to squeeze much higher. Confirmed breakdown on daily requires Cable to clear Y-1 quickly this week. For daytrading purpose, as long as B-0 is not cleared, B-2 in play.
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