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Lawrence's Comment Recap A dirty top was formed after the breakout attempt late in the week failed and resulted in a 1-2-3 sell sending the pair down to Y-2. Closed 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 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 Y+1 support sent this higher until 100% absolute range expansion is tagged. Consolidated since. Closed the week near Y+1 and below midpoint. Outlook Slow rip to higher level suggests ...READ MOREEURUSD May 09 to May 13 Outlook3DP Odds Table (GBPUSD) 2021-09-02Intraday Cycle Projection (GBPUSD) 2011-11-29Precog Vision – Forex 2018-6-5Weekly Cycle Projection (GBPUSD) 2014-02-173DP Odds Table (GBPUSD) 2011-05-23Precog Vision – Forex 2017-5-23USDCAD Aug 31 to Sep 04 OutlookIntraday Cycle Projection (GBPUSD) 2020-03-26GBPUSD Jan 24 to Jan 28 Outlook
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GBPUSD Jun 18 to Jun 22 Outlook
Lawrence’s Comment
Looking for a breakout and we got that at the end of the week. Ran straight to Y+2 as well. Closed at week high.
Outlook
Personally I missed the breakout as it was the end of the week and I thought there was not enough time to get the run going so I removed my swing orders. That was stupid.
Cable should have a bit more in it to get to Y+2 and higher. The main problem is that Greece election is this Sunday and can change the game completely. If there is not much swing Sunday / Monday in this pair, then I expect continuation long for this week, looking for B+2 in play.
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