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Lawrence's Comment Recap Got the upside breakout we are looking for. Closed the week back down at midpoint above Y-0. Outlook Need Y-0 to act as support and rally above Y+1 again. ...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 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 MOREIntraday Cycle Projection (GBPUSD) 2022-03-253DP Odds Table (GBPUSD) 2021-12-30Weekly Cycle Projection (GBPUSD) 2011-09-19Hot n Cold (GBPUSD) 2011-4-20Intraday Cycle Projection (GBPUSD) 2022-02-11USDJPY Jan 23 to Jan 27 Outlook3DP Odds Table (GBPUSD) 2018-09-133DP Odds Table (GBPUSD) 2013-01-29Precog Vision – Forex 2015-1-19Precog Vision – Forex 2022-3-18
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GBPUSD May 04 to May 08 Outlook
Lawrence’s Comment
Cable took out Y+2 as expected and stalled at 100% absolute range expansion. 1-2-3 sell on 4 hour sent cable back to where it started. Closed the week below Y+1 and near week low.
Outlook
V-shape reversal against the monthly level resistance zone implies the resistance zone is a very strong one. B-0 and above now resistance until proven otherwise. A drop to B-2 is in play.
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