GBPUSD Jul 20 to Jul 24 Outlook

By News Robot

Lawrence’s Comment

Recap
Bounced off support zone mentioned last week. Tagged upside targets and consolidated since. Closed the week above Y-0 and midpoint.

Outlook
As explained last week, a complex pullback is in the making and we got it now. As long as B+1 acting as resistance, a test of B-1 is likely. Once B+1 is cleared, B+2 / Y+2 will be the next upside target.

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