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GBPUSD Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Cable found support at Y-0 and eventually challenged Y+1 and then the break down crime scene I mentioned last week. Thatès all it can do and the selloff started. Closed the week near Y-0 and below midpoint.
Outlook
The daily bear flag on cable will be confirmed if a daily close below B-1 is printed. The longer term players will likely give up longs and lead to a drop back down to Y-1 and below.
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