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As Featured In
GBPUSD Feb 09 to Feb 13 Outlook
Lawrence’s Comment
1-2-3 rejection of Y-1 on 4 hour sent cable back up to above Y+1. Minimal pullback and another push to Y+2 before cable can stop. Closed the week above Y+1 and midpoint.
Outlook
Potential daily swing low in place for cable. Y-0 / Y+1 whole zone is now support. As long as cable can hold onto its gain above Y-0, it has a good chance of going higher to B+2 and above.
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