Trading Edges That Last
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As Featured In
GBPUSD May 23 to May 27 Outlook
Lawrence’s Comment
The consolidation scenario unfolded. Whole week trapped within Y-1 to Y-0.
Outlook
As long as B+1 to Y-0 acts as resistance, B-1 will be retested. The week long consolidation means the continuation move to the downside will be strong enough to take out B-2 easily.
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