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Gbpcadsell

GBPCAD - Expecting Further Downside Expecting further downside from here. Price created a double top, the ascending trend line has now been broken and we have a solid closure below structure (1.6195) and the 4 hour 50ema. I'd like to see a push lower with entry's taken upon a retest of previous support (now resistance). Alternatively we may see price pop higher and retest the 4 hour 50 before rolling over. Instagram: @TheTravelTrader (www.instagram.com) Twitter: @fx_ollie (twitter.com)
Short
by thetraveltrader
GBPCAD Buys...Here we have GBPCAD buys. Looking across the board at the pound pairs, we are at support and doesn't make sense to go lower since we've consolidated for days with no real change in brexit news. There is crude oil news out at 3PM today so stops will be rolled to breakeven in anticipation if we're in profits... Technically, we are at a LL on the weekly and daily, we need to pull up higher in order to continue down. If it's going to drop it will trade in this range anyway until some news moves it...
Long
by UnknownUnicorn1497595