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GBPUSD Oct 10 to Oct 14 Outlook
Lawrence’s Comment
Pressed below Y-0 resulted in a selloff testing the September low. 2nd drop from around Y-1 was a news shock thus failed to carry the pair lower with weight and resulted in immediate bounce back into the consolidation range. Closed the week the 3rd time around Y-0.
Outlook
Indecision is the word I used last week and here we go again stuck at the same spot. Nothing changes until we get a decisive move off this zone between B-1 to Y+1.
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