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Gbpcadsell

GBPCAD - BEARISH BIASGBP - BULLISH 1️⃣ Investors dumped riskier assets and turned to safety amid renewed concerns about US-China relations after President Trump banned transactions with Chinese tech group Tencent and with the owner of TikTok ByteDance, citing a threat to national security. 2️⃣ Bank of England left monetary policy unchanged, saying Britain's economy will take more time to recover from the pandemic-induced recession than initially thought. CAD - BULLISH 1️⃣ Oil prices jumped to its highest since March amid a massive decline in crude oil inventories and hopes for a fresh US stimulus package. 2️⃣ Unemployment rate in Canada fell more than expected to 10.9% from 12.3% previous. ===== Technical ===== - We short on break on support level to become SBR level + SMA50 area. - GBPCAD in bearish zone.
Short
by MonsunAsia
GBPCAD - SWING - 04. AUGU. 2020Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Market about to turn bearish.. 4 HOUR Bearish price action and pressure formed, good short entries! DAILY Overall bullish market about to break back towards previous lows. - FOREX SWING SELL GBPCAD ENTRY LEVEL @ 1.74750 SL @ 1.76470 TP @ 1.72060 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
37
GBPCAD ON THE VERGE OF A REVERSAL?!**ENG** - Price breaking our consolidation box and is now heading for a retest, we are expecting more downside after this same retest, wait for an entry confirmation before entering, look at the lower timeframes (such as 15min). **PT** - Preço a quebrar a nossa box de consolidação e está de momento a caminho de efetuar um retest, estamos à espera de um drop maior este mesmo retest, o ideal será aguardar por uma confirmação de entrada em timeframes inferiores (assim como 15min).
by Wevesting