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GBPUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
The less likely scenario presented itself – w. upthrust against Y+1 leading to a quick selloff to Y-1. Flushed thru Y-1 but not quite Y-2 and closed the week at Y-1.
Outlook
As long as Y-1 to B-0 acting as resistance zone, a retest of B-1 is likely and downside target Y-2 will be tagged.
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