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Lawrence's Comment Recap Aussie consolidated in tight range. First drift up was met with sellers right above Y-0. stuck in tight range since. Closed the week below Y-0 and near midpoint. Outlook Inside week. ...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 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 MOREUSDJPY Oct 30 to Nov 03 Outlook3DP Odds Table (GBPUSD) 2013-07-12Intraday Cycle Projection (GBPUSD) 2020-11-18AUDUSD Feb 03 to Feb 07 OutlookPrecog Vision – Forex 2017-12-28Precog Vision – Forex 2013-7-29Hot n Cold (GBPUSD) 2012-10-10Precog Vision – Forex 2014-8-1Intraday Cycle Projection (GBPUSD) 2013-01-21Precog Vision – Forex 2011-11-3
As Featured In
GBPUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Lifted higher to resistance before the test of Y-1, giving it enough fuel to break below Y-1 for 100% absolute range expansion before stopping. Closed the week at Y-1.
Outlook
Y-1 turning into resistance will send the pair lower to Y-2.
Breaking above can send it up to Y-0 quickly.
The more interesting scenario is a double bottom at B-1 and then breaking above Y-0, that will confirm an important bottom is in with target of at least B+2.
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