GBPUSD Jun 22 to Jun 26 Outlook

By News Robot

Lawrence’s Comment

Recap
No test of Y-0 with straight up breakout. That gave us Y+2 target. Y+2 tagged easily with 100% absolute range expansion stopped the run. Closed the week above Y+2 and near week high.

Outlook
Stop run move points to consolidation and a test of B-0 is in order. Resistance at B+1 / Y+3.

Share

  • You must be logged in to comment. Log in