GBPUSD Jan 26 to Jan 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint.

Outlook
1.50 key psychological level breached. Cable must snap back above B-0 and stay above by close of next week or another wave of liquidation is coming to send cable much lower.

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