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Lawrence's Comment Recap Zoomed higher to Y+2 and consolided since. Later in the week, drifted higher and eventually breakout to the upside. Closed the week at week high and above Y+3. Outlook Out of ...READ MORE3DP Odds Table (GBPUSD) 2018-08-243DP Odds Table (GBPUSD) 2011-06-15Intraday Cycle Projection (GBPUSD) 2021-06-22Weekly Cycle Projection (GBPUSD) 2018-08-203DP Odds Table (GBPUSD) 2018-05-183DP Odds Table (GBPUSD) 2012-03-16Intraday Cycle Projection (GBPUSD) 2019-01-28GBPUSD Oct 17 to Oct 21 OutlookNasdaq 100 May 20 to May 24 Outlook3DP Odds Table (GBPUSD) 2011-12-16
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GBPUSD Nov 16 to Nov 20 Outlook
Lawrence’s Comment
Found support from Y-1 / previous week close and started an up drift back up to Y-0. Closed the week below Y-0 and above midpoint.
Outlook
Thin up channel / up drift back to Y-0 is bearish. Cable may still try to break B+1 to get back to the break down crime scene near Y+2. If violent reactions taking cable back below B+1, a slide back down to Y-1 and below will be likely.
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