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Lawrence's Comment Recap Double news shock. First one sending the pair higher but it failed to stay above Y+1. Second one dropping the pair below Y-0 yet failed to keep it ...READ MORELawrence's Comment Recap Capped by previous week close and moved lower as expected. Tagged my downside target and bounced back up since. Closed the week near Y-1 and above midpoint. Outlook B-1 is a ...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 Held up pretty well for 2 days. Then euro collapsed and dragged everything lower. Yet, Dow managed to drift higher and closed the week at midpoint. Outlook End of ...READ MOREDow 30 Jan 03 to Jan 07 OutlookUSDCAD Oct 10 to Oct 14 OutlookAUDUSD Dec 23 to Dec 27 OutlookIntraday Cycle Projection (GBPUSD) 2016-07-21Precog Vision – Forex 2021-12-30Weekly Cycle Projection (GBPUSD) 2019-10-07Intraday Cycle Projection (GBPUSD) 2022-12-06Nasdaq 100 Feb 19 to Feb 23 OutlookIntraday Cycle Projection (GBPUSD) 2016-11-14Dow 30 Jan 02 to Jan 06 Outlook
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GBPUSD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Easy play of the week. Previous week close right below Y-0 acted as resistance sending cable down to Y-2 target. No surprises, no fake out. Closed the week below Y-1 and near week low.
Outlook
Long term support zone 1.69-1.70 can trigger some wild swings.
As long as Y-1 / B-0 acting as resistance, more downside is expected.
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