TradingClear

GBPCAD - Daily Timeframe Overview

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
An extremely interesting pair we are currently monitoring is the GBPCAD . On the weekly and daily timeframes, the pair is in a big sideways correction. Structurally speaking, on said timeframes we are expecting the pair to go all the way to retest the 1.64 area minimum, possibly much further down. This is an amazing short opportunity, not to be missed, with a potential gain of at least 9% or more.
Updates on smaller timeframes will follow.
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Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
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