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Lawrence's Comment Recap Y-0 did not hold the price up yet the flush could not breach Y-1 either. The reversal from below Y-0 gave up before Y+1 was tagged and ...READ MORELawrence's Comment Recap As mentioned last week, looking for a rally to 1300 and we got that, plus a lot more. 1300 turned into support and helped to send ES ...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 MOREAUDUSD Apr 01 to Apr 05 OutlookAUDUSD Oct 29 to Nov 02 OutlookS&P 500 Jul 04 to Jul 08 OutlookGBPUSD Mar 13 to Mar 17 OutlookPrecog Vision – Forex 2020-7-203DP Odds Table (GBPUSD) 2019-10-073DP Odds Table (GBPUSD) 2012-07-18Intraday Cycle Projection (GBPUSD) 2013-12-03Intraday Cycle Projection (GBPUSD) 2022-10-10Precog Vision – Forex 2022-7-15
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GBPUSD Nov 26 to Nov 30 Outlook
Lawrence’s Comment
Got the breakout to the upside early in the week and the spike low in the middle of the week never breached Y-0. The nice surprise is that by end of week the upside breakout tagged Y+4 as oppose to stopping at Y+3. Closed the week near week high and above Y+3.
Outlook
The final breakout at the end of the week is pure stop run during the holiday period. It is not sustainable and B-0 is likely to be tested quickly.
Until B-0 is proven support, cable may have to retest B-1 or even Y-1 first before going higher.
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