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laikos

GBPCAD: Long idea but ask for discount

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
laikos  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Beyond Technical Analysis GBPCAD gbpcadlong
3
0
trendanalysis beyondta gbpcad gbpcadlong
Fundamental:
BOC has been dovish in recent statement
NAFTA uncertainty have been negative towards CAD
Second stage of Brexit /BOE Hawkish

Technical:
Good pin bar rejection of the trendline and the daily support level signal the continuation of the rally
Target profit should be below weekly resistance level

Note:
Buy limit at 50% of the pin bar
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