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Financexclusive

gbpcad rejected by the golden 618. cleared for a bearish 400 pip

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
Financexclusive  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns GBPCAD gbpcadanalysis gbpcadforecast gbpcadsell gbpcadsignal gbpcadshort
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trendanalysis chartpattern gbpcad gbpcadanalysis gbpcadforecast gbpcadsell gbpcadsignal gbpcadshort
price rejected the fib 618 level at 1.7474 and made a clear lowe low and rejected the .50 of the fib as well. if had broken the trendline and
made a stoplosshunt just above the fib level. with an expected strong OIL, we have the option that it will bring down the price of GBPCAD to the 1.66 level where strong support is waiting.
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