UK Bullish Factors :
1. Political Stability -> boost investor confidence
2. UK is less exposed to trade tensions
3. Economic data has been solid as of late
4. UK-US Trade deal
5. Increase in COT data
CAD Bearish Factors :
1. Trade uncertainty with the US
2. Weak growth
Technicals :
1. Reverse Head and Shoulder pattern
2. Price above all 4 MAs
3. Pair has been in a long up-trend
1. Political Stability -> boost investor confidence
2. UK is less exposed to trade tensions
3. Economic data has been solid as of late
4. UK-US Trade deal
5. Increase in COT data
CAD Bearish Factors :
1. Trade uncertainty with the US
2. Weak growth
Technicals :
1. Reverse Head and Shoulder pattern
2. Price above all 4 MAs
3. Pair has been in a long up-trend
Trade active
lets ride
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.
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.