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Lawrence's Comment Recap Consolidation play earlier part of the week with Y-1 support. Later in the week trouble in Yemen led to break down play which doubled the range for the week. ...READ MORELawrence's Comment Recap Attempt to form higher timeframe bull flag failed. Daily bull flag upside breakout gave us Y+1 and then Y+2. Closed the week above Y+1 and midpoint. Outlook Strong uptrend ...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 MOREUSDJPY Mar 30 to Apr 03 OutlookIntraday Cycle Projection (GBPUSD) 2020-10-263DP Odds Table (GBPUSD) 2017-12-01USDJPY Aug 29 to Sep 02 OutlookIntraday Cycle Projection (GBPUSD) 2012-11-21Intraday Cycle Projection (GBPUSD) 2023-03-09USDCAD May 23 to May 27 OutlookPrecog Vision – Forex 2023-5-2AUDUSD Sep 02 to Sep 06 OutlookHot n Cold (GBPUSD) 2012-12-21
As Featured In
GBPUSD Jan 12 to Jan 16 Outlook
Lawrence’s Comment
As expected more downside to Y-2 before a bounce. Failed to clear Y-1 leading to extended slide down to Y-3 normal expansion target. Closed the week below Y-2 and midpoint.
Outlook
A retest of B-1 likely. Failure to hold there will drop cable to B-2. Support at B-1 will lead to a bounce back up to B+1.
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