British Pound / Canadian Dollar
Short
Updated

GBPCAD Simple Trade Plans (Tech + Sentiment)

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GBPCAD has rallied consistently over time, alike other CAD pairs.

This comes mostly as the BOC has been quicker to take a dovish view.

Other economies still lag slightly but are following suite, in this case the GBP.

1. Tech bias suits re short entries.

2. Sentiment bias supports re-balancing of near term value within trend.
Note
Take some gains off the table (Called short for gains)
Note
Light re-shorts, no longs until lower.
Note
Out all longs, Re-shorts planned above prev high.

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