Aerocamel
Long

GBPCAD (08Aug -12Aug) Outlook

FX:GBPCAD   British Pound/Canadian Dollar
10 0 1
GC             failed to break out of 1.752- 1.717 Zone and on e way to retrace 1.715x -1.698 Zone.
***1.715x -1.698 Zone is supporting well for last 20 days.
Price might go past 1.698 but unlikely since bad news days r over. if go past, it will dive to 1.674-1.667.


My plan
Wait for re-tracement to 1.715x -1.69xx (at least) to enter long upon bullish signal
TP : 1.796x -1.81xx
SL : 1.665x
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