Entry range until 1.64922, target 1.63081
Order cancelled:
The #Pound rallied on renewed hopes the UK may get a way to modify the Irish backstop, despite on Thursday, EU’s top negotiator Michel Barnier said that there are no grounds for reopening formal negotiations. Optimism was underpinned by a leaked report suggesting that the EU is prepared to grant another extension on Brexit to avoid a no-deal.
UK PM Boris #Johnson is planning to secure a deal with the EU at the EU summing in Brussels mid-October.
GBPCAD reached an important resistance on Daily/Weekly chart as of now. A bearish butterfly appeared now with an extension probability to 1.6870
UK PM Boris #Johnson is planning to secure a deal with the EU at the EU summing in Brussels mid-October.
GBPCAD reached an important resistance on Daily/Weekly chart as of now. A bearish butterfly appeared now with an extension probability to 1.6870
Comment:
Looking to short this pair on retracements. Target 1.63568