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Lawrence's Comment Recap Was expecting consolidation actions and cable did in the first half of the week. Then everything changed as the test of Y+1 did not produce a quick drop 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 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 MOREAUDUSD Apr 16 to Apr 20 OutlookGBPUSD Apr 27 to May 01 OutlookIntraday Cycle Projection (GBPUSD) 2021-07-15Precog Vision – Forex 2019-8-15Precog Vision – Forex 2022-5-31Intraday Cycle Projection (GBPUSD) 2016-11-28Dow 30 Jan 11 to Jan 15 OutlookAUDUSD Mar 07 to Mar 11 OutlookPrecog Vision – Forex 2017-2-14Hot n Cold (GBPUSD) 2011-4-12
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GBPUSD May 19 to May 23 Outlook
Lawrence’s Comment
Easy play of the week. Stopped at resistance mentioned last week and flushed down to Y-2 1st target below. Closed the week below Y-1 and near midpoint.
Outlook
As long as Y-1 / B-0 acting as resistance, retest of B-1 likely.
A break of B-1 will give us another clean flush to B-2.
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