GBPUSD Feb 21 to Feb 25 Outlook

By News Robot

Lawrence’s Comment

Held Y-1 as support, took off and tagged Y+1. That part was expected. The failure to go higher than Y+1 leading to a pullback was also expected. But the news shock surprised the players and brought the pair down to week low again, I was a bit surprised too. Ended the week by rallying to the high of the week.

As mentioned last week, Y+2 is still the target. And if that is taken out, B+3 next.
A breakdown below B+1 implies B-0 in play again.


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