Looking for a short on GBPCAD. Two possible outcomes, but an initial loss will make the eventual move down more violent!
CAD is firming with its strongest daily gains in months, supported by robust data and oil strength.
GBP is stable-to-firm, but the rally is more USD-related than domestic drivers.
The fundamental gravity favors CAD heading into next week—making your GBPCAD short thesis (CAD strength, GBP pressured) highly relevant.
CAD is firming with its strongest daily gains in months, supported by robust data and oil strength.
GBP is stable-to-firm, but the rally is more USD-related than domestic drivers.
The fundamental gravity favors CAD heading into next week—making your GBPCAD short thesis (CAD strength, GBP pressured) highly relevant.
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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.