Karthiktinku

Lookout for Sell opportunities in GBP-CAD

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
Though Buyers were able to reach almost up to the last High in the latest leg upwards in 1 Hr time frame, they failed to break over it. Also, in terms of volumes, there is divergence in the latest leg. In terms of momentum also, there is divergence, All these indicate weakening strength of Buyers, otherwise, gaining strength of Sellers. So, look out for Sell opportunities .

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