GBPUSD Dec 21 to Dec 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Picture perfect seasonal shift from bullish to bearish mode. Previous week close resistance sent Cable straight down to Y-1 from break of the rising wedge that spanned 2 weeks. Closed the week below Y-1 and near week low.

Outlook
Seasonal weaknesses will continue til the end of the year.

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