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Lawrence's Comment Recap Consolidation around Y+1 as expected. No strong reactions after NFP leading to a quiet close. Closed the week near Y+1 and midpoint. Outlook Consolidation / ledge actions after significant ...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 As oppose to make a move like Loonie, Aussie, or even Cable. Euro snapped out of its 3 pushes down channel but traded within the range of the ...READ MOREHot n Cold (GBPUSD) 2012-2-10Nasdaq 100 Aug 10 to Aug 14 OutlookNasdaq 100 Jun 06 to Jun 10 OutlookPrecog Vision – Forex 2018-6-11EURUSD Aug 15 to Aug 19 OutlookGBPUSD Jan 31 to Feb 04 Outlook3DP Odds Table (GBPUSD) 2014-04-25Intraday Cycle Projection (GBPUSD) 2017-07-28Weekly Cycle Projection (GBPUSD) 2020-07-203DP Odds Table (GBPUSD) 2016-11-21
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GBPUSD May 16 to May 20 Outlook
Y-1 to Y-0 acted as resistance. Sold off to target Y-2.
Outlook
A flush low at B-2 early in the week points to consolidation for the rest of the week.
If instead we get consolidation between B-1 to B-0, a bigger selloff is in the making.
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