GBPUSD Apr 25 to Apr 29 Outlook

By News Robot


Lawrence’s Comment

Recap
Y-1 breached early in the week as expected. But it turns into a w. spring against Y-1 and rally to the natural target Y+1. Broke above Y+1, the pair finally stopped at 200% absolute expansion and closed the week at Y+2.

Outlook
Consolidation within Y+1 and B+1.

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