Trading Edges That Last
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As Featured In
GBPUSD Nov 24 to Nov 28 Outlook
Lawrence’s Comment
Y-1 test confirmed support. Bounced back up but failed to clear Monday high. Closed the week below Y-0 and midpoint.
Outlook
Tight range consolidation. Ledge is formed. Continuation of trend entering ledge is likely which is down. That puts Y-2 in play.
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