GBPUSD Mar 23 to Mar 27 Outlook

By News Robot

Lawrence’s Comment

Recap
Cable reversed its down trend from exactly the level I mentioned last week and zoomed to Y+1. Very strong reaction to Y+1 bringing cable back down to Y-1. Closed the week above Y-0 and midpoint.

Outlook
Short term low in place but not in daily up trend yet. This implies consolidation with messy swings inside this week’s range.

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