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Lawrence's Comment Recap Mario Draghi nuked the Euro melt down move and sparked a stop run of almost 500 pips. Closed near Y+4 and above midpoint. Outlook Seasonal effect on Euro is ...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 MOREUSDCAD Aug 28 to Sep 01 Outlook3DP Odds Table (GBPUSD) 2020-04-28GBPUSD Aug 17 to Aug 21 Outlook3DP Odds Table (GBPUSD) 2021-05-19Intraday Cycle Projection (GBPUSD) 2021-09-103DP Odds Table (GBPUSD) 2014-10-29Intraday Cycle Projection (GBPUSD) 2023-01-18AUDUSD Nov 21 to Nov 25 OutlookEURUSD Dec 07 to Dec 11 OutlookPrecog Vision – Forex 2013-4-22
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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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