Down GBPCAD will go for an intraday trade
Bears have been controlling GBP pairs, giving us traders many opportunities for shorts.
Towards the end of the week GBPCAD has pulled back up to a major daily resistance (Yellow Zone) I will now be waiting for price to break this zone 1.63176 to confirm bears I will be then waiting for a retest back up to the zone to finally possibly take a short if price action also agrees.
I will be looking to Take Profit at 1.62384
Towards the end of the week GBPCAD has pulled back up to a major daily resistance (Yellow Zone) I will now be waiting for price to break this zone 1.63176 to confirm bears I will be then waiting for a retest back up to the zone to finally possibly take a short if price action also agrees.
I will be looking to Take Profit at 1.62384