GBPUSD Jun 17 to Jun 21 Outlook

By News Robot

Lawrence’s Comment

Recap
Cable held the breakout level nicely and rallied to retest Y+1 as expected. Once Y+1 was tagged cable went into consolidation. Closed the week at Y+1 and above midpoint.

Outlook
Potential rounding top in the making. Spike new high that stalls below B+2 back down to below Y+1 will signal a pullback to at least below B-1.

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