IamJeanPaul

GBPCAD IMPORTANT BREAKOUT WITH BIG UPSIDE POTENTIAL

Long
IamJeanPaul Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Fundamentals;
+BOE considerably more hawkish vs. dovish market expectations.
+Worst in Brexit already priced in, room for a GBP relief phase higher.
+OIL made an important break lower backed with negative sentiment (OPEC..), and has big room for further falls putting pressure on CAD.

This all is resulting in a nice trade setup i am trading.

Please use proper risk management.

Blessings to you all.
Trade closed manually:
I will take my profit now at 6580 and will reenter around 6500 if situation is given.
Last week i made some loss, i was right calling the direction, but didn't trade it well (too aggressive entries, stops got taken out), its important for the self-confidence to be after all back in the green.


Blessings to you.
Trade closed manually

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