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Lawrence's Comment Recap As expected, ES dropped below 2000 to challenge its monthly support zone. Picture perfect Y-2 test sent ES striaght back up to Y-1, breakout and zoom higher to Y-0 ...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 Breakout play worked out. Clearing Y-1 gave us a straight melt down to Y-3 target. Then a technical bounce took ES higher back to Y-1. Closed the ...READ MORELawrence's Comment Recap The less likely scenario presented itself - w. upthrust against Y+1 leading to a quick selloff to Y-1. Flushed thru Y-1 but not quite Y-2 and closed ...READ MOREWeekly Cycle Projection (GBPUSD) 2021-09-133DP Odds Table (GBPUSD) 2016-07-13Intraday Cycle Projection (GBPUSD) 2011-05-17S&P 500 Jul 04 to Jul 08 OutlookPrecog Vision – Forex 2012-6-11S&P 500 Oct 01 to Oct 05 Outlook3DP Odds Table (GBPUSD) 2019-10-07GBPUSD Mar 14 to Mar 18 OutlookWeekly Cycle Projection (GBPUSD) 2013-07-293DP Odds Table (GBPUSD) 2020-06-08
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GBPUSD Jul 30 to Aug 03 Outlook
Lawrence’s Comment
Pulled back to Y-1 as expected and rallied off there back to Y+1. Still the most predictable pair among the majors. Closed the week near week high.
Outlook
Summer Games started. Expecting major slow down in trading on European currencies.
As long as ECB and its peers also focus on the games instead of producing news shocks, sideway consolidation week is expected.
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