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Lawrence's Comment Recap Quiet start for the week followed by FOMC announcement news shock. 100% absolute range expansion reached and stalled. Closed the week at Y+1 and above midpoint. Outlook Rally was a result ...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 MOREUSDJPY Dec 23 to Dec 27 OutlookPrecog Vision – Forex 2017-1-113DP Odds Table (GBPUSD) 2016-03-16Dow 30 Jul 13 to Jul 17 Outlook3DP Odds Table (GBPUSD) 2014-05-26Nasdaq 100 Oct 21 to Oct 25 OutlookNasdaq 100 Jan 02 to Jan 06 OutlookIntraday Cycle Projection (GBPUSD) 2013-07-103DP Odds Table (GBPUSD) 2021-01-11Precog Vision – Forex 2017-7-4
As Featured In
GBPUSD Dec 22 to Dec 26 Outlook
Lawrence’s Comment
Cable dropped to Y-0 and bounced. Breached Y+1 but failed to hold above. That sent cable down to Y-1 in 1 go. Bounced from Y-1 but no longer able to clear Y-0. Closed the week below Y-0 and midpoint.
Outlook
Cable definitely trying to hold its ground at Y-1 / B-1 area even though it is not strong enough yet to break the weekly down trend. Going into holiday weeks consolidation in tight range is expected.
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