GBPUSD Sep 29 to Oct 03 Outlook

By News Robot

Lawrence’s Comment

Recap
Cable reacted strongly to the resistance zone mentioned last week and dropped lower since. Closed the week below Y-0 and at week low.

Outlook
Inside week down close. Bearish for a test of Y-1 / B-2. Longer term target is still the September low but that may take longer tiime to get there.

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