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Lawrence's Comment Recap Test of the support zone mentioned last week as expected. Support held up well and gave us a push to Y+2. Closed the week near Y+2 and week high. ...READ MORELawrence's Comment Recap Feb close established above Y-0. Sold off after failing to hold above Feb close and tagged B-0 quickly. Y-0 acted as resistance pointing to a test of ...READ MORELawrence's Comment Recap Moved higher as expected. Target of above Y+2 reached and a rounding top was formed. End of week selloff brought ninja back down. Closed the week above Y+1 and ...READ MORELawrence's Comment Recap Gapped down to Y-1 yet found an excuse to move back up to Y-0. Failed to clear Y-0 and fell straight down to Y-3. The reversal was as impressive ...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 MOREEURUSD Aug 24 to Aug 28 OutlookS&P 500 Mar 07 to Mar 11 Outlook3DP Odds Table (GBPUSD) 2013-03-14USDJPY Apr 07 to Apr 11 OutlookAUDUSD Oct 12 to Oct 16 OutlookIntraday Cycle Projection (GBPUSD) 2012-03-013DP Odds Table (GBPUSD) 2023-05-02S&P 500 Oct 06 to Oct 10 OutlookPrecog Vision – Forex 2013-2-22Intraday Cycle Projection (GBPUSD) 2011-08-24
As Featured In
GBPUSD Mar 17 to Mar 21 Outlook
Lawrence’s Comment
Rejected upper end of the 3 week range gave us a run back down to the bottom of the range. Not a difficult play at all. Y-2 was tagged and led to a strong bounce. However, Y-0 stopped the run and forced a drop back down to below Y-1. Closed the week near Y-1 and below midpoint.
Outlook
Still trapped inside the same range. Compression on daily has reached critical level. A breakout of this range should give us the normal breakout target.
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