As of last night, we expected our pair to do a little correction to the downside into the red zone - which it did... A move that amounted to about 13.8 pips. Now I see a rather less conspicuous inverted head and shoulder pattern being formed on the M30 timeframe which is a sign that the market is about to continue its upward trajectory. Actions to take, I would...
I expect the pair to go downside continuing an evening star candlestick pattern on the daily timeframe. Also, last week NFP fundamentals strengthen the USD quote currency. SO I expect at least a fall today and this week for the GBPUSD pair.
With a powerful bullish candle on the daily timeframe for the previous day, I expect the pair to move to the upside today. Also, the fundamentals last week NFP put the US in a good spot so I expect an upward rally for this pair even during the entire week.
I expect AUDCAD to correct itself after a three-month rally breaking a major resistance. A downside move to retest this now-to-be support line is a very good move for this pair.