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Lawrence's Comment Recap 2nd consolidation week. Tighter range too. Closed the week above Y-0 and below midpoint. Outlook Directionless. Breakout mode in place. This time I have no directional bias. Very dangerous setup - once ...READ MORELawrence's Comment Recap Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low. Outlook More down ...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 MORES&P 500 Mar 26 to Mar 30 OutlookNasdaq 100 Nov 04 to Nov 08 OutlookEURUSD Sep 01 to Sep 05 OutlookIntraday Cycle Projection (GBPUSD) 2023-01-06Intraday Cycle Projection (GBPUSD) 2014-11-24USDCAD May 03 to May 07 OutlookHot n Cold (GBPUSD) 2011-4-8Seasonal: Forex Majors In MayPrecog Vision – Forex 2018-3-19AUDUSD May 01 to May 05 Outlook
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GBPUSD May 09 to May 13 Outlook
Lawrence’s Comment
Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1.
Outlook
Tagging Y-2 early in the week will point to further weaknesses as long as Y-1 to B-0 acts as resistance.
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