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Lawrence's Comment Recap B-0 failed to act as support on pullback leading to a flush back down to Y-1. News shock played a big role on the flush though. Closed ...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 Mar 14 to Mar 18 Outlook3DP Odds Table (GBPUSD) 2015-07-243DP Odds Table (GBPUSD) 2021-05-27Hot n Cold (GBPUSD) 2011-10-12GBPUSD Jul 09 to Jul 13 OutlookEURUSD Dec 04 to Dec 08 OutlookIntraday Cycle Projection (GBPUSD) 2020-09-15Precog Vision – Forex 2020-6-8Intraday Cycle Projection (GBPUSD) 2021-03-30Intraday Cycle Projection (GBPUSD) 2018-11-22
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GBPUSD Sep 08 to Sep 12 Outlook
Lawrence’s Comment
FBO against Y+1 triggered all out dumping to Y-3. After a pause, the stop run sent cable down to 1.63. Closed the week below Y-5 and near week low.
Outlook
Cable broke down with euro as ECB’s sudden rate cut sent the world a surprise message. The 2nd part of the drop was clear stop run implying a bounce back upto B-0 will be likely within a week or two. This week consolidation around previous week close is likely.
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