Lawrence’s Comment
Outlook Confirmed rejection of 1.61. As long as B-0 acting as resistance, B-2 in play.
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GBPUSD Dec 10 to Dec 14 Outlook
Lawrence’s Comment
Cable ran straight up to Y+2 and then stalled. Then euro zone b.s. kicked in sending it back down to Y-0. Closed the week below midpoint and above Y-0.
Outlook
Confirmed rejection of 1.61. As long as B-0 acting as resistance, B-2 in play.
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