Bears have been controlling GBP pairs, giving us traders many opportunities for shorts.
Towards the end of the week GBPCAD has pulled back up to a major daily resistance (Yellow Zone) I will now be waiting for price to break this zone 1.63176 to confirm bears I will be then waiting for a retest back up to the zone to finally possibly take a short if price action also agrees.
I will be looking to Take Profit at 1.62384
Towards the end of the week GBPCAD has pulled back up to a major daily resistance (Yellow Zone) I will now be waiting for price to break this zone 1.63176 to confirm bears I will be then waiting for a retest back up to the zone to finally possibly take a short if price action also agrees.
I will be looking to Take Profit at 1.62384