TRADE ANALYSIS: GBPCAD REJECTING RESISTANCE
GBPCAD has recently rejected the key weekly resistance, after forming a consolidation
on the 4hr chart we have finally seen a break lower. If price re-test the lows we could
expect further downside to come here. CAD has been weak for a while and looks likely
to gain strength, Brexit headlines are now starting to hurt the GBP and we could see
further declines.
on the 4hr chart we have finally seen a break lower. If price re-test the lows we could
expect further downside to come here. CAD has been weak for a while and looks likely
to gain strength, Brexit headlines are now starting to hurt the GBP and we could see
further declines.
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