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Lawrence's Comment Recap Euro broke below Y-0 and gave us Y-2 as expected. Nice surprise that it dropped straight down to Y-3. Closed the week near week low and around Y-3. Outlook Weekly reversal ...READ MORELawrence's Comment Recap Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for ...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 MORELawrence's Comment Recap Gapped lower to start the week yet rumors and b.s. from European officials helped Euro to drift higher towards Y-0. Closed the week below Y-0 and above midpoint. ...READ MOREWeekly Cycle Projection (GBPUSD) 2016-12-12EURUSD Nov 04 to Nov 08 OutlookUSDJPY Sep 23 to Sep 27 OutlookIntraday Cycle Projection (GBPUSD) 2021-02-01Precog Vision – Forex 2017-8-3Precog Vision – Forex 2020-5-1Precog Vision – Forex 2020-9-22EURUSD Jul 04 to Jul 08 OutlookNasdaq 100 Nov 30 to Dec 04 OutlookWeekly Cycle Projection (GBPUSD) 2013-04-29
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GBPUSD Sep 28 to Oct 02 Outlook
Lawrence’s Comment
News shock sent cable back down to Y-1 and 100% range expansion. Stops were triggered and led to further downside to Y-2 before support is found. Closed the week near Y-2 and week low.
Outlook
Wide range week reversal is bearish but we cannot rule out the potential of a strong bounce before further downside is developed. Y-1 / B-0 strong resistance. New low against B-1 likely.
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