#GBPCAD Is setting up an IMPULSIVE move prior to BoE IRD Meeting
Updated
GBPCADSterling pairs are generally setting up for an impulsive move prior to the BoE Interest rate decision meeting next Thursday.
The market is pricing a rate cut but if it is to remain unchanged we would see a decent rally to the upside in all GBP pairs.
Take in consideration that price might sink sharply before this or do nothing at all. so a decent SL that fits your trading account is essential to be adjusted.
Follow for more good R/R opportunities.
#AHMEDMESBAH
Trade closed: target reached
Target reached by a strong catalyst.
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