KarYong

GBPCAD - 400 pips profit potential to the downside

Short
FX:GBPCAD   British Pound / Canadian Dollar
Price has recently formed a high at 1.7010, potentially completed an expanding flat structure after the impulsive down move from the high established on 1st November at 1.7165.

We have just sold this trade, with our stops above the recent high at 1.7010, with our target at 1.6435.

Disclaimer - this is not a trade call. Make sure you do your own due diligence before taking any trade.

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