GBPCAD Short

By aiza_belle
Updated
With oil price rallying possibly up to 70 esp after lower than forecasted crude oil inventory last Wednesday which is bullish for CAD also, as well as bearish GBP driven by hedges for March 2019 Brexit, setting up sell stop order with TP @1.705 and SL @1.71809.

poundsterlinglive.com/gbp-live-today/9556-gbp-to-eur-and-usd-exchange-rates-protection-hedges
zerohedge.com/news/2018-07-25/wtirbob-extend-gains-after-broad-inventory-draws-flat-production

Daily:
snapshot

Weekly:
snapshot

Confidence: A
Trade closed manually
Closed the trade now manually (because Friday); might re-enter again next week :)

snapshot
Bearish PatternsBeyond Technical AnalysisCADChart PatternsGBPGBPCADhedgeOilshortTrend Analysis
aiza_belle

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