GBPUSD Dec 01 to Dec 05 Outlook

By News Robot

Lawrence’s Comment

Weak upside drift early in the week ended with news shock mid week by ECB taking cable upto Y+2. Y+2 stopped the run and sent cable back below Y+1. FBO against Y+1 sent cable straight down. Closed the week below Y-0 and near week low.

As long as Y-0 / B-0 acting as resistance, B-2 and below in play.


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