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BlueberryMarkets

VIDEO ANALYSIS: GBPCAD TOP DOWN ANALYSIS

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
BlueberryMarkets  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators Forex forextrading blueberrymarkets GBPUSD USDCAD GBPCAD
10
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trendanalysis chartpattern indicator forex forextrading blueberrymarkets gbpusd usdcad gbpcad
In our market outlook this week we highlighted the non-commercials decreasing their
short positions and the commercials continuing to increase their long positions for GBP futures.
This suggests we could see a reversal in current GBP trends. GBPCAD has rejected the weekly demand
zone and with the daily impulses getting shorter and shorter we identified an opportunity for a long
swing trading position.
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