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Lawrence's Comment Recap Y-0 support and then breakout to the upside. 100% absolute range expansion stopped the rally. Closed the week above Y+1 and midpoint. Outlook Y+1 / B-0 support for the ...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 MOREAUDUSD Oct 10 to Oct 14 OutlookNasdaq 100 Jan 24 to Jan 28 OutlookAUDUSD Feb 01 to Feb 05 OutlookIntraday Cycle Projection (GBPUSD) 2016-11-15Precog Vision – Forex 2021-4-143DP Odds Table (GBPUSD) 2017-04-24Hot n Cold (GBPUSD) 2019-8-23Hot n Cold (GBPUSD) 2011-10-28S&P 500 Feb 06 to Feb 10 OutlookGBPUSD Mar 21 to Mar 25 Outlook
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GBPUSD Sep 15 to Sep 19 Outlook
Lawrence’s Comment
Cable gapped down and tagged Y-2 first. The stage was set for an up drift back to Y-1. Consolidation week around open instead of previous week close. Closed the week below Y-1 and near week high.
Outlook
All week bear flag. A short squeeze will take cable higher to B+2 but it will likely be capped there. A break of its bear flag support points to at least a retest of B-1.
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