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Lawrence's Comment Recap No run down to Y-2. Double bottom at Y-1 and the breakout at Y+1 gave us Y+3 target by STOPD. Almost tagging Y+3 by end of week. ...READ MORELawrence's Comment Recap As expected we got a pullback and support was found above Y-0. Gave us a push to above Y+1. Closed the week above Y+1 and near week ...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 MOREJan 17, 2016 Special Update on S&P and Euro My predictions made at the end of year 2015 on the stock market has now materialized. Further ...READ MOREIntraday Cycle Projection (GBPUSD) 2019-08-13Weekly Cycle Projection (GBPUSD) 2020-08-17S&P 500 Jun 13 to Jun 17 OutlookAUDUSD Dec 03 to Dec 07 OutlookGBPUSD Apr 23 to Apr 27 Outlook3DP Odds Table (GBPUSD) 2018-01-08USDCAD Dec 31 to Jan 04 OutlookPrecog Vision – Forex 2020-12-11MBO Issue 49 (Jan 2016) Special Update 2Weekly Cycle Projection (GBPUSD) 2019-03-18
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GBPUSD Mar 09 to Mar 13 Outlook
Lawrence’s Comment
The breakdown play worked out. Cable cleared 1.53 quickly and dropped down to Y-2 for a pause. That did not last long and cable just break down at the end. Closed the week below Y-3 and at week low.
Outlook
Momentum so strong rarely just stop there so more downside is expected. Very difficult to tell if 1.50 will unlock more stops or not. If cable manages to spike low below Y-4 and snap back above B-1, cable will likely consolidate in tight range for the rest of the week.
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