GBPUSD Mar 14 to Mar 18 Outlook

By News Robot

Lawrence’s Comment

Recap
Cable went sideway until ECB announcement. Successfully filled the open gap above as expected. Closed the week above Y+1 and midpoint.

Outlook
Strong resistance zone above B+1 upto B+2 where the higher timeframe resistance all lined up. Failing to hold above B-0 will lead to a drop back down to Y-0 and below.

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