GBPUSD Apr 13 to Apr 17 Outlook

By News Robot

Lawrence’s Comment

Recap
Beautiful whiplash action as expected against Y+1 first and than dropping cable down to my target at Y-2. Closed the week near Y-2 and week low.

Outlook
Momentum to the down side is too strong for B-1 to hold. Y-1 now strong resistance until proven otherwise. More downside is expected.

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