GBPCAD Long Setup 07.18.2022
Based on the COT, CAD is hinting bearish upcoming strength while GBP remains neutral.
The GBP started to have a bullish run, combined with the CAD bearish potential, this pair could break the current triangle pattern to the upside.
I always remain a little more conservative, expecting the pair to fall a bit more before running to the upside.
The GBP started to have a bullish run, combined with the CAD bearish potential, this pair could break the current triangle pattern to the upside.
I always remain a little more conservative, expecting the pair to fall a bit more before running to the upside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.