GBPUSD May 23 to May 27 Outlook

By News Robot


Lawrence’s Comment

Recap
The consolidation scenario unfolded. Whole week trapped within Y-1 to Y-0.

Outlook
As long as B+1 to Y-0 acts as resistance, B-1 will be retested. The week long consolidation means the continuation move to the downside will be strong enough to take out B-2 easily.

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