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Lawrence's Comment Recap Cable held Y-1 and cleared Y-0 for its Brexit low test. Since then Y-0 support sent cable higher until 100% absolute range expansion was reached. Closed the week above ...READ MOREPrecog Vision – Forex 2019-10-7GBPUSD Jul 18 to Jul 22 OutlookIntraday Cycle Projection (GBPUSD) 2016-05-26Hot n Cold (GBPUSD) 2011-4-223DP Odds Table (GBPUSD) 2019-03-22Intraday Cycle Projection (GBPUSD) 2021-10-25USDJPY Jul 22 to Jul 26 Outlook3DP Odds Table (GBPUSD) 2011-08-25Hot n Cold (GBPUSD) 2012-2-293DP Odds Table (GBPUSD) 2014-10-16
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GBPUSD May 11 to May 15 Outlook
Lawrence’s Comment
Election week started with Y-1 holding up fine, which opened the door to Y-0 and the election results propelled cable back up to Y+1. Closed the week above Y-0 and midpoint.
Outlook
Outside week strong close within previous week range means Y+1 is not invalidated yet. Until Cable can close above Y+1 on daily basis, we cannot rule out a drop back down to B-0 first.
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