Trading Edges That Last
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As Featured In
GBPUSD Jun 16 to Jun 20 Outlook
Lawrence’s Comment
Weaknesses early in the week is consistent with expectation. Then the test of Y+1 happened and cleared quickly leading to the Y+3 target. Closed the week near Y+3 and week high.
Outlook
The breakout play was a bit of a surprise to many thus the squeeze like nature of the move. Consolidation at reduced range is expected.
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