GBPCAD hasn't followed his downtrend and we have a trend direction reversal , good posstion to buy now !
This is the follow on video to the post i just made that explains why I went short on GBP/CAD. My manual post is linked below and is the post, I will likely update as this trade plays out. Give me a like and leave a comment with your thoughts. Thanks
The Pound Sterling has been trading in a long-term channel up against the Canadian Dollar since September, 2017. During this rally, Sterling reached a new high at 1.7659. The currency exchange rate has breached a resistance cluster set by the monthly pivot points and the 55– and 100– hour SMAs, as it can be observed in the chart. The GBP/CAD pair is likely to...