Trading Edges That Last
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GBPUSD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
Outlook
FBO against Y+1 points to Y-0 and Y-1 are in play as long as Y+1 / B-0 acting as resistance.
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