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Lawrence's Comment Recap Total breakdown since the start of the week. Tagged 2X previous week range and bounced on exhaustion. Closed the week at midpoint. Outlook Looking for short term bottom early ...READ MORELawrence's Comment Recap No pullback and no gap fill right off the start of the week. Price simply jump through every resistance levles above by gaps. Closed the week above Y+4 and ...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 MORENasdaq 100 Feb 01 to Feb 05 Outlook3DP Odds Table (GBPUSD) 2020-12-22Nasdaq 100 Dec 05 to Dec 09 OutlookIntraday Cycle Projection (GBPUSD) 2020-12-22EURUSD May 21 to May 25 OutlookS&P 500 Jul 15 to Jul 19 OutlookUSDCAD Nov 26 to Nov 30 OutlookEURUSD Mar 19 to Mar 23 OutlookPrecog Vision – Forex 2018-1-9Intraday Cycle Projection (GBPUSD) 2020-07-31
As Featured In
GBPUSD Jun 27 to Jul 01 Outlook
Lawrence’s Comment
Y-0 acted as resistance as expected and sent the pair to retest Y-1. Y-1 did not offer much support at all until 100% absolute range expansion is reached.
Outlook
1.6 is an important support zone in longer timeframe. If cable can rally from B-1 to break above B-0, B+1 will be tagged quickly.
Breaking below Y-2 can be extremely bearish as the selloff we have witnessed can accelerate to the downside.
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