GBPUSD Jan 28 to Feb 01 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.

Outlook
Normal situation we should see a flush to B-3 to complete this leg down.

The rare case scenario is that cable jumped above B+1. That will induce a quick pop to Y-0.

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