Trading Edges That Last
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GBPUSD Jun 30 to Jul 04 Outlook
Lawrence’s Comment
As mentioned last week, cable has little room for pullback if it is really going higher. Well, the bullish pattern gave cable enough strength to consolidate around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week up close is bullish. Consolidation from up swing is bullish. It gives an edge to upside breakout with B+3 normal target in play.
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