GBPUSD Apr 14 to Apr 18 Outlook

By News Robot

Lawrence’s Comment

Recap
Support at Y-1 worked out, gave us Y+1 and more. 200% range expansion like Aussie. Closed the week above Y+1 and midpoint.

Outlook
Although the rally was a product of stop run, the 2nd pop last week gave the bulls a strong support zone at Y+1 / B-0. As long as that holds, cable will challenge Y+3 again.

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