Lawrence's Comment
Recap
Y+1 test rejected. Cable slided back down to Y-0 eventually.Closed the week below Y-0 and near week low.
Outlook
Upside rejected decisively. Y-0 / B-0 strong resistance unti proven ...
Lawrence's Comment
Recap
The collapse of gold price in the beginnng of the week rejected the possibility of further weaknesses. So the other direction came in force.
1-2-3 buy against Y-0 sent ...
GBPUSD Apr 27 to May 01 Outlook
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