GBPUSD Jul 04 to Jul 08 Outlook

By News Robot

Lawrence’s Comment

Recap
Tight range consolidation around Y-1. Political drama affecting cable all week. Closed the week near Y-1 and midpoint.

Outlook
Sideway action after directional drop points to more downside. Until we see strong reaction to major support levels below, trend is still down with B-3 in play.

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