chow_jiehui

GBPCAD selling with caution

FX:GBPCAD   British Pound / Canadian Dollar
Technically the chart looks like a potentially good sell with price currently testing selling zone. However, note that after BOC started its hiking cycle, the price only did manage a higher low before allowing price to rise back to current supply zone with the BOE starting their reluctant hike. Personally I would abstain from this sell but should traders still be adamant on selling, I suggest selling nearer the top of the selling zone. Good luck!
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