GBPUSD Jan 16 to Jan 20 Outlook

By News Robot

Lawrence’s Comment

Recap
Breaking out of the range to the downside. Retest of Y-1 from below failed to push back into the range. Sold off to Y-2. Closed the week below Y-1.

Outlook
A potential strong selloff in the making. As long as B-0 acting as resistance, new low is expected.

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