GBPCAD Breaking to the upside
After a strong run south Starting in May this year:
we have seen this pair bottom out at 1.60000
It has been moving sideways for the month of August
There has been strong resistance at around 1.63609
today after daily candle change we have seen it break out above this key area;
Suggesting the probability of a sustained move North
It is important to remind our selves of the Volatility still surrounding the GBP;
I will be locking in profits as I go.
we have seen this pair bottom out at 1.60000
It has been moving sideways for the month of August
There has been strong resistance at around 1.63609
today after daily candle change we have seen it break out above this key area;
Suggesting the probability of a sustained move North
It is important to remind our selves of the Volatility still surrounding the GBP;
I will be locking in profits as I go.
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