Trading Edges That Last
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GBPUSD Jun 01 to Jun 05 Outlook
Lawrence’s Comment
Expectation of open gap below to be filled has materialized. Took multiple steps of decline to get the job done. Closed the week below Y-2 and midpoint.
Outlook
Structure down channel move does not last. If B-1 acts as support, a retest of B-0 / Y-1 zone is likely.
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