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Lawrence's Comment Recap The power of euro zone b.s. machine gave cable a shock and squeeze. The normal 100% absolute range expansion under such condition happened like clockwork. Closed the ...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 MOREHot n Cold (GBPUSD) 2011-7-6Weekly Cycle Projection (GBPUSD) 2015-04-273DP Odds Table (GBPUSD) 2020-10-26EURUSD Jun 10 to Jun 14 OutlookGBPUSD Jan 23 to Jan 27 OutlookPrecog Vision – Forex 2019-1-313DP Odds Table (GBPUSD) 2021-09-29Intraday Cycle Projection (GBPUSD) 2016-09-23Precog Vision – Forex 2018-7-18Intraday Cycle Projection (GBPUSD) 2014-12-26
As Featured In
GBPUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 and below. Closed the week near Y-3 and below midpoint.
Outlook
A bounce to Y-2 / B-0 is in the making as long as B-1 acts as support. Potential 3 pushes down on 4 hour in the making.
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