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Lawrence's Comment Recap As expected long continuation week for Aussie. Closed the week at week high. Outlook The rally last week was a bit weaker than expected. As all other currencies are ...READ MORELawrence's Comment Recap Right from the start of the week, the up trend was almost broken by the gap down. Dow magically holding the important swing low I mentioned last week and ...READ MORELawrence's Comment Recap Consolidation around Y-1. In waiting mode for ECB's actions this coming week. Closed the week above Y-1 and midpoint. Outlook All week bear flag near Y-1 is bearish. Consolidation ...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 MOREIntraday Cycle Projection (GBPUSD) 2014-02-11USDJPY May 16 to May 20 OutlookWeekly Cycle Projection (GBPUSD) 2020-10-19AUDUSD Jun 18 to Jun 22 OutlookIntraday Cycle Projection (GBPUSD) 2021-05-27Intraday Cycle Projection (GBPUSD) 2013-04-17Dow 30 Feb 11 to Feb 15 OutlookEURUSD Sep 15 to Sep 19 OutlookGBPUSD May 16 to May 20 OutlookPrecog Vision – Forex 2021-5-20
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GBPUSD Dec 14 to Dec 18 Outlook
Lawrence’s Comment
Cable tried to hold Y-0 yet flushed through. Then the crime scene right below held it up and force cable back above Y-0 and produced a squeeze up to Y+1 quickly. Closed the week above Y+1 and near week high.
Outlook
Seasonal up drift continue until FOMC announce this week is likely. This week also marks the end of the seasonal bullish bias.
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