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Lawrence's Comment Recap Drifted back up to Y-0 as expected. Sideway actions since. Closed the week below Y-0 and near week low. Outlook The expectation of retesting Y-1 is still in play. ...READ MORES&P 500 Jan 08 to Jan 12 Outlook3DP Odds Table (GBPUSD) 2016-04-043DP Odds Table (GBPUSD) 2017-07-20Dow 30 Oct 04 to Oct 08 Outlook3DP Odds Table (GBPUSD) 2012-07-06USDJPY Feb 22 to Feb 26 Outlook3DP Odds Table (GBPUSD) 2012-08-13Weekly Cycle Projection (GBPUSD) 2017-07-24USDJPY Nov 19 to Nov 23 Outlook3DP Odds Table (GBPUSD) 2021-05-05
As Featured In
GBPUSD Jan 20 to Jan 24 Outlook
Lawrence’s Comment
Started the week rejecting Y+1 and dropped quickly. Y-0 then acted as resistance giving us a drop to below Y-1. Yet originaly down side target still not reached and ended with a late week bounce. Closed the week below Y-0 and near midpoint.
Outlook
Rejected Y-1 decisively. Down trend invalidated. Another pair with potential wide range consolidation in play. Not bullish until B+1 / Y+1 is cleared.
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