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Lawrence's Comment Recap Aussie bounced with the rest of the majors due to dovish expectation / rumors all week. As expected, Y-0 was tested aftter Y-1 acted as support. Wild swings around ...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 MORELawrence's Comment Recap Consolidated around Y+1 until late in the week where it zoomed to new high for the week. Closed the week above Y+1 and midpoint. Outlook If it is going to breakout ...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) 2019-03-253DP Odds Table (GBPUSD) 2016-05-093DP Odds Table (GBPUSD) 2016-03-083DP Odds Table (GBPUSD) 2011-07-01AUDUSD Sep 14 to Sep 18 OutlookPrecog Vision – Forex 2022-3-18Intraday Cycle Projection (GBPUSD) 2016-11-11USDCAD Jul 08 to Jul 12 OutlookPrecog Vision – Forex 2016-11-283DP Odds Table (GBPUSD) 2014-08-12
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GBPUSD Feb 04 to Feb 08 Outlook
Lawrence’s Comment
Slided down to B-2 without a fight. Then bear flag up drift back to Y+1. Could not clear the resistance and flushed back down to week low. Closed the week below Y-1 and near week low.
Outlook
That prolonged bear flag was erased in just one day. More weaknesses is expected as long as B-0 is acting as resistance. Tagging B-2 likely.
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