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May 14, 2020 9:33 AM

GBPCAD SHORTS from broken structure Short

British Pound/Canadian DollarFXCM

Description

Quite ease and straightforward trade that our team is taking.

On higher timeframes we can easily spot an Head and Shoulders Pattern, that drove us all the way down to support at 1.7250.

Since yesterday we have been shorting GBP pairs due to high uncertainty regarding Brexit, in confluence we had a nice negative result on Crude Oil inventories yesterday that gave some strength to the CAD.

Find in my idea my stop loss and take profit!! Nice 1:3 R/R
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