GBPCAD since the beginning of the week have been moving bearish and in respect to this, I plan to stick to the trend, the daily and the weekly also shows the bearish trend, and to follow this I expect this pair to retrace to the 50 Exponential moving average and we short to the 800 Exponential moving average.
Commento:
With the news of yesterday, they wasn't strong movement on the pound Canadian dollar, I want a test on our resistance zone for more short
Trade attivo:
Look at how price is on our area of interest we should be open for any opportunity present at anytime, our target will be 1.69386