GBPUSD Sep 26 to Sep 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Colsolidation around Y-1 until FOMC announcement. Test of 1.31 round # failed and led to equal distance drop down to week low. Closed the week below Y-1 and midpoint.

Outlook
Spike low below B-1 but above Y-2 / B-2 can spark a rally back up to Y-0.

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