British Pound / Canadian Dollar
Short
Updated

GBPCAD 4H DOWNTREND

After a volatile NFP session, the market is making a case for shorting on this pair, which has been on a clear down trend over the past few weeks. It is now consolidating on a lower TF which gives us a great opportunity to anticipate its next move. This is one of the few pairs I'll be monitoring into next week in anticipation of market moving events coming up.
Note
Nice consolidation right now, making the last impulse down more likely.

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