GBPUSD Mar 24 to Mar 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 acted as support, breakout to the downside. Y-2 tagged late in the week. Closed the week near Y-2 and week low.

Outlook
Weaknesses continue as expected but not as weak as I hope for. Should see Y-3 early this week to tag the downside objective.

The more interesting question is whether cable will find support around B-2 and stage a strong bounce from there.

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