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GBPCAD Ready for launch

Long
British Pound / Canadian Dollar (FX_IDC:GBPCAD)  
GrizzlyBearBee  
FX_IDC:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis Oil Coronavirus (COVID-19) techincalanalysis lockdown
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trendanalysis chartpattern beyondta oil coronavirus techincalanalysis lockdown
It's no secret that the CAD is going to be weak in the coming months. Why? The demand for the Canadian Dollar is linked to the demand for oil. As more countries face a surge in Covid19 cases, scrict lockdowns are in the books in order to slowdown the rise in cases. This implies lower demand for oil is going to fall as more people work from home.

I'll be looking out for EURCAD, USDCAD, CADJPY, CADCHF, & NOK pairs too.

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