GBPCAD-BUY strategy 9-hourly chart
The pair has been heavily sold, and so has been all the GBP crosses. the pair initially recovered a little and it shows we are building a short-term base. The stochastic and other indicators provide the suggestion of further moves higher, and feel we may see somewhere 1.7750-1.7800 again in the coming sessions.
Strategy BUY @ 1.7520-1.7560 and take profit near 1.7727 for now.
Strategy BUY @ 1.7520-1.7560 and take profit near 1.7727 for now.
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