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Lawrence's Comment Recap Up drift to 1/2 the breakdown move and then went into consolidation. Closed the week above Y-1 and near midpoint. Outlook Brexit will affect all majors. Obvious support / ...READ MORENasdaq 100 Nov 27 to Dec 01 OutlookUSDJPY Jan 07 to Jan 11 OutlookAUDUSD Feb 27 to Mar 03 OutlookWeekly Cycle Projection (GBPUSD) 2023-05-02Nasdaq 100 Jan 07 to Jan 11 OutlookIntraday Cycle Projection (GBPUSD) 2018-05-24USDJPY Jun 13 to Jun 17 OutlookIntraday Cycle Projection (GBPUSD) 2022-04-06GBPUSD May 30 to Jun 03 OutlookIntraday Cycle Projection (GBPUSD) 2023-01-18
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GBPUSD Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Tight range 2-way swings as expected. 50% week range. Closed the week near Y-0 and midpoint.
Outlook
Compression points to breakout mode. The struggle to hold Y-0 points to potential resumption of the weekly down trend in the making. Breaking below B-1 points to B-2 and waterfall to B-3.
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