GBPCAD 1:4 Risk Reward (BREAKOUT HIGH RISK)

223
Daily resistance however majority sentiment looks short
- Potential breakout because fundamentals are looking stronger for GBP
- Would target all the stops for the masses
- Potential 1:4 Risk Reward until the next selling area
- Brexit delay reduces some of the uncertainty with a possible deal by may
- Allows time for legal infrastructure changes in businesses in the UK and EU

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.