FX:GBPCAD   British Pound / Canadian Dollar
118 0 0
Old 1.53 - 1.64 range might break? Would truly be a shame, made me a gazillion last 2 years, but nothing lasts forever I guess... Anyway, not an auto short for me this time.

If it breaks 1.62 should act as support afterwards?(should have a stop run below 1.63 on retest to weed folks out I presume).

Last 20 years avg             . atr(14) on monthly is 800, while last 3 years is <400, so position size accordingly. If risking a long, don't stop till 1.7 for 1st stage imho.

fundamentally: taper, s&p             implosion incoming, bad omens and whatever ;)

ps - right, and Carney leaving a super bubble behind; but, now that he's at BoE, hmm... guess he'll have to leave before the new bubble bursts too, so close when Carney leaves BoE :p
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