Lawrence’s Comment
Outlook Below 1.6 is rejected. As long as Y-1 / B-0 can act as support, Y+1 and higher likely this week.
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GBPUSD Oct 29 to Nov 02 Outlook
Lawrence’s Comment
As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0.
Outlook
Below 1.6 is rejected. As long as Y-1 / B-0 can act as support, Y+1 and higher likely this week.
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