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Lawrence's Comment Recap Aussie consolidation around Y+1 in tight range. Closed the week near Y+1 and midpoint. Outlook Wait and see mode as Aussie parked at the same level again. Breaking below ...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 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 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 MORE3DP Odds Table (GBPUSD) 2022-04-25AUDUSD Jan 04 to Jan 08 OutlookPrecog Vision – Forex 2018-8-23Weekly Cycle Projection (GBPUSD) 2013-03-18Intraday Cycle Projection (GBPUSD) 2022-07-29Precog Vision – Forex 2017-2-10Precog Vision – Forex 2019-2-19Precog Vision – Forex 2015-2-20Precog Vision – Forex 2013-12-4Intraday Cycle Projection (GBPUSD) 2013-02-01
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GBPUSD Jan 17th to 21th Outlook
Recap of Last Week
Did not post about this pair last week as the better play was euro. The upside breakout triggered on this one anyway and the 200% upside expansion target was tagged at the end of the week.
Next Week Outlook
2x target tagging almost always leads to some consolidation first. Thus I do not expect a lot of action coming from this pair in the beginning part of the week.
If a pullback to last year close (red zone) happens, it will be a strong up move in the making if a 1-2-3 buy is staged off that area with initial target at previous week high (yellow zone) and 50% upside expansion (green zone) next. For this reason, it is on my monitor list this week.
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