GBPUSD Dec 09 to Dec 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Pullback / consolidation all week. Not dropping quite down to support as 50% previous week range capped the move. Closed the week below Y+1 and midpoint.

Outlook
As long as Y+1 / B-0 zone acting as resistance, the pullback has at least a bit more to go down to Y-0 / B-2.

Strong upside breakout above B-0 points to continuation rally upto B+2.

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