GBPUSD Dec 14 to Dec 18 Outlook

By News Robot

Lawrence’s Comment

Recap
Cable tried to hold Y-0 yet flushed through. Then the crime scene right below held it up and force cable back above Y-0 and produced a squeeze up to Y+1 quickly. Closed the week above Y+1 and near week high.

Outlook
Seasonal up drift continue until FOMC announce this week is likely. This week also marks the end of the seasonal bullish bias.

Share

  • You must be logged in to comment. Log in