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Lawrence's Comment Recap Breakout to the downside happened right off the start. Easy play for a slide to below Y-2. Cable never quite tagged Y-3 as it bottomed out above it. Closed ...READ MORELawrence's Comment Recap Bounced off the close of the week prior to fill the gap above. Then gapped up off news shock and rumors from Europe. ES sold off since and ...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 MOREUSDCAD Oct 26 to Oct 30 OutlookGBPUSD Feb 10 to Feb 14 OutlookS&P 500 Oct 03 to Oct 07 OutlookPrecog Vision – Forex 2014-1-21S&P 500 Sep 04 to Sep 08 OutlookPrecog Vision – Forex 2015-8-173DP Odds Table (GBPUSD) 2012-02-10Intraday Cycle Projection (GBPUSD) 2014-01-103DP Odds Table (GBPUSD) 2020-04-283DP Odds Table (GBPUSD) 2018-08-30
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GBPUSD Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Surprise rally tagging Y+1 negated the bear flag break on 4 hours and in turn giving us STOPD shcok breakout target of Y+3. Y+3 almost tagged and cable stalled from there. Closed the week above Y+1 and near midpoint.
Outlook
Shock driven rally in a daily down trend does not change the trend on higher timeframe. This means cable has to fight the week and monthly resistance above now making it more difficult to engage this coming 2 weeks. 2 way swings expected with tight range around B-0.
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