Trading Edges That Last
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GBPUSD Jul 23 to Jul 27 Outlook
Lawrence’s Comment
Took no time to tag Y+2. Pullback right after bounced off Y+1. That points to more upside potential. Eventually breakout above Y+2 and completed 100% absolute range expansion. Closed the week below midpoint and above Y+1.
Outlook
Strength is confirmed by this week’s price action. As long as B-1 acts as support, more upside is expected.
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