GBPUSD Mar 28 to Apr 01 Outlook

By News Robot

Lawrence’s Comment

Resistance zone pressured cable back down to Y-0 and below as expected. In turn stop run took it all the way back down to Y-1. Closed the week below Y-0 and midpoint.

Inside week with weak close points to more weaknesses. Y-0 / B-0 confirmed resistance until proven otherwise. Breaking below B-1 points to Y-3 break down potential.


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