GBPUSD Jun 23 to Jun 27 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint.

Outlook
Consolidation with strength to close above Y+1 is bullish.

Potential FBO against Y+1 if cable fails to hold above B-0.

If cable is really moving higher, it has little room below to keep it going.

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