GBPUSD Nov 24 to Nov 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-1 test confirmed support. Bounced back up but failed to clear Monday high. Closed the week below Y-0 and midpoint.

Outlook
Tight range consolidation. Ledge is formed. Continuation of trend entering ledge is likely which is down. That puts Y-2 in play.

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