GBPUSD Jan 19 to Jan 23 Outlook

By News Robot

Lawrence’s Comment

Recap
Inside week consolidation around Y-0. Closed the week below Y-0 and midpoint.

Outlook
The downside retest of Y-1 has not happened yet so it is still in the card this week. If cable can hold Y-1 / B-2 zone and snap back up quickly above Y-0, we have a short term low in place.

Without that, down trend intact.

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