GBPCAD: Potential uptrend emerging from here

FX:GBPCAD   British Pound / Canadian Dollar
We can look to capture some upside in this pair. Currently lagging GBPUSD             , and offering indications of a potential bottom.
We have landed on the recent monthly uptrend's mode, currently finding support and evidence of the bulls getting involved here. A resumption of said uptrend seems likely.
If you're not long, you can enter at market with stops under 1.8257 ideally.
Plenty of room to catch up with GBPUSD             and other GBP pairs.

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Ivan Labrie.
Trade active: Nice progress, if not in, you have a 2nd chance to join here.
Comment: Options expiration support held two days ago, should see some upside now.
Comment: Great progress!
Comment: Can reenter or add here.
Comment: Anyone in it with me?
Leave your comments below.
Potential long term target:
great call, like the rest of your calls. my weekly view for this pair.
IvanLabrie Tradesmanship
And yes, the correction is over.
From here onwards, up at a steady pace.
last good entry on GC is right now
IvanLabrie Alex.Singletary
I like to add a few times, already in from lower prices, waiting for the daily close now.
Thanks for the update Ivan. We broke out of that structure this morning so triggered my entries! Good Luck Mate!
IvanLabrie Alex.Singletary
It might be slower than gbpaud, but it has good upside. Crude went up a bit today, this caused the retracement I guess but now that momentum is receding, we can add to the trade (or enter if not in).
Good luck.
2B signal on Daily was a great long ^_^
+1 Reply
just waiting for that break
IvanLabrie Alex.Singletary
I don't really pay attention to trendlines personally, didn't even see that.
Looks considerably bullish now, but it's better to have a safe wider stop for now.
Hopefully we can get a little more pullback here and get in at a reasonable price.
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