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Snick3rSD
Nov 1, 2023 7:51 PM

GBPCAD - Long from bullish order block ✅ Long

British Pound/Canadian DollarFXCM

Description

Hello traders!
‼️ This is my perspective on GBPCAD.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.67000.

Fundamental news: On Friday will be released Unemployment Rate in Canada, as well, on Thursday we will see the result of Interest Rate on GBP, so pay attention to the results in order to validate the analysis.

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