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Lawrence's Comment Recap Y+1 did not act as resistance at all making the bearish scenario impossible. Continuation points to Y+2. Once it was tagged price no longer stable. Sharp pullback to Y+1 ...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 MOREWeekly Cycle Projection (GBPUSD) 2012-04-09GBPUSD Mar 26 to Mar 30 OutlookDow 30 Nov 09 to Nov 13 OutlookIntraday Cycle Projection (GBPUSD) 2021-09-233DP Odds Table (GBPUSD) 2019-08-293DP Odds Table (GBPUSD) 2018-11-073DP Odds Table (GBPUSD) 2017-09-29Precog Vision – Forex 2019-8-16USDJPY Nov 30 to Dec 04 Outlook3DP Odds Table (GBPUSD) 2017-11-03
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GBPUSD Nov 14 to Nov 18 Outlook
Lawrence’s Comment
Pushed towards Y+1 as expected. Then news shock sending cable back down to Y-1. Yet Y-1 acted as support and forced cable to approach Y+1 again.
Outlook
A test of B+1 to Y+1 is in play. A breakout for this zone points to higher price level at B+2 as a minimum.
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