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Lawrence's Comment Recap Y-0 did not hold, drifted back down to Y-1. Closed the week above Y-1 and below midpoint. Outlook Not a significant sell off. Just drifted lower. No real sense ...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 MORELawrence's Comment Recap As expected Loonie continues to weaken. 1.26 did not stop the run at all. Until 1.28 was touched. Closed the week at Y+2 and above midpoint. Outlook The weekly ...READ MOREEURUSD Oct 29 to Nov 02 Outlook3DP Odds Table (GBPUSD) 2021-09-213DP Odds Table (GBPUSD) 2012-03-07EURUSD Mar 27 to Mar 31 OutlookPrecog Vision – Forex 2017-3-7Precog Vision – Forex 2011-11-103DP Odds Table (GBPUSD) 2019-10-07USDCAD Feb 02 to Feb 06 Outlook3DP Odds Table (GBPUSD) 2013-07-16Intraday Cycle Projection (GBPUSD) 2011-11-15
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GBPUSD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Y+1 rejected with a clean drop below Y-1. End of week shock from BOJ stopped the downward move somehow without expanding to Y-2. Closed the week near Y-1 and below midpoint.
Outlook
BOJ’s action is causing a shock and it will take a few days before the majors can find the right responses.
Chart pattern suggests that B-0 resistance with Y-3 / B-2 still in play.
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