GBPUSD Oct 19 to Oct 23 Outlook

By News Robot

Lawrence’s Comment

Recap
Y+1 acted as resistance on first test and sent cable down to support zone mentioned last week. Cable rallied straight up from support back up to Y+2 my upside target. Closed the week above Y+1 and midpoint.

Outlook
Y+1 now support until proven otherwise. Retest of B+1 likely.

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