Hey traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.643 zone, in this week we have an important BoC statement where we expect BoC to Raise rates by 0.50 which considered very hawkish and should contribute to CAD strength.
Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Beyond Technical AnalysisbocrateannouncementCADcanadacanadiandollarFundamental AnalysisGBPGBPCADgbpcadshorthawkishsellgbpcadTrend Analysis
JoeChampion
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