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Lawrence's Comment Recap Short squeeze triggered after ninja refused to go below Y-0 at all. Then normal upside expansion to Y+2 before it stopped. Closed the week near week high and below ...READ MORELawrence's Comment Recap Flushed down to Y-2 and found support. Gapped higher to test Y-1 and stalled. Swinged around Y-1 while waiting for NFP. NFP Friday open held the open gap below ...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 MORES&P 500 Oct 14 to Oct 18 OutlookUSDJPY Mar 11 to Mar 15 OutlookS&P 500 Oct 05 to Oct 09 OutlookHot n Cold (GBPUSD) 2011-4-133DP Odds Table (GBPUSD) 2011-10-143DP Odds Table (GBPUSD) 2021-02-023DP Odds Table (GBPUSD) 2017-06-14Precog Vision – Forex 2016-9-23Precog Vision – Forex 2018-10-24Precog Vision – Forex 2021-12-30
As Featured In
GBPUSD Nov 11 to Nov 15 Outlook
Lawrence’s Comment
Strong reaction to Y-1 as expected. Bounced all the way back to Y-0 and more. 1.61 breakdown level retested and stopped the run. First test led to a drop back down to the midpoint for the week. 2nd attempt led to a break of the midpoint. Closed the week below Y-0 and near midpoint.
Outlook
The normal bounce and failure attempts to go higher are in place. As long as Y-0 to B+1 acting as resistance, looking for retest of B-1. A break of B-1 can lead to a very significantly change in outlook on weekly and monthly.
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