bearish trend. Good news for oil next week, bad news for gbp will help it.
Sentimentally, GBPCAD needs correction before going upper and breaking its tough resistance.Oil price will be very effective on it but I am going on sell.
Very tough Support in the last daily low will pump it to the last top resistance. This idea is totally depends on BTC behavior.
GBPJPY closed from the bottom of the channel and it seems that not having strong buyers for going up. Two setups with win rate 1 and 2 could be possible.
CADJPY_M15---------------->short position with a goof risk to reward ratio.
Are you getting ready for a big move to the top. More insecurity in the world means more jump in gold. Swing trading with even higher targets.!
Important news this week will affect the trend, but technically a tough resistance above the current price leads to increase sellers power.
News in this week are very important, but technically the bullish pattern for NZD is more probable.
And finally it is time to retrace, a big and sharp retracement.
Looks like the sellers are getting stronger and a bearish week is expected.