GBPUSD Jan 23 to Jan 27 Outlook

By News Robot

Lawrence’s Comment

The power of euro zone b.s. machine gave cable a shock and squeeze. The normal 100% absolute range expansion under such condition happened like clockwork. Closed the week above B+1.

If the rumors and b.s. promises die down, cable should pullback to at least B-0 area.

Should more squeeze happens quickly, Y+2 should put a cap on the move and force cable to go sideway or back down by middle of the week.


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