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Lawrence's Comment Recap Bounced from Y-1 first but failed to go much higher as euro failed to go much further above Y-0. 3 pushes up ended the rally and by 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 MORELawrence's Comment Recap Just like ninja, support zone failed to produce a low. Door to Y-1 opened. Y-1 target zone reached and the drop stalled. Closed the week below Y-0 and near ...READ MOREPrecog Vision – Forex 2013-7-11Weekly Cycle Projection (GBPUSD) 2022-08-15Precog Vision – Forex 2016-7-15EURUSD Oct 03 to Oct 07 OutlookWeekly Cycle Projection (GBPUSD) 2021-01-043DP Odds Table (GBPUSD) 2021-04-143DP Odds Table (GBPUSD) 2011-05-05Precog Vision – Forex 2014-1-243DP Odds Table (GBPUSD) 2022-02-22USDCAD Jun 16 to Jun 20 Outlook
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GBPUSD Mar 25 to Mar 29 Outlook
Lawrence’s Comment
Slow drift back down near Y-0 as expected. Then took off and tagged Y+1. Pushing higher since. Closed the week above Y+1 and midpoint.
Outlook
I was looking for Y+2 by end of week but it did not get there. With the trouble happening in Europe, cannot blame the pair for not moving swiftly against US dollar.
This week will be mainly news / event driven due to the Cyprus issue. If US Fed is going to do something about the situation, cable can zoom above Y+2 / B+2 quickly.
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