Long

GBPCAD whatever BIG LONG LIKELY :)

By ShyamalFx

Updated

RED BULL

Note

Trade with care

Note

ODD of BOE hiking rates.. BOE may be out options to leave rate unchanged. Still UK inflation too hot 2.9. Will they make a wild move increase rates?? They say it clear till 2018 no hike is expected. GBP could get sold tomorrow if DOVISH stands still...

Note

Inflation is too hot 2.9%. They should hike to reduce inflation . But they said it clear no hike will come till 2018. BOE may be out of options to leave rate unchanged

Potential sell area 1.6106-1.6162 we have a chance of making 115 and 337 pips shorting.. SL 1.6190 would be good.. If they dont hike this is a good trade to take.

ShyamalFx

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