GBPUSD Aug 22 to Aug 26 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected Cable going higher. Stalled at 100% absolute range expansion. Closed the week from a pullback to Y+1.

Outlook
Rejected Y+1 to B+1 area pointing to further consolidation with Y+1 down to Y-0.

It seems like every major pair is waiting for something to happen before taking on a direction.

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