FX:GBPCAD British Pound/Canadian Dollar
GBPCAD had a very downmove after Carney's speech on Wed. Price plunged first part of Thursday and is now recovering in NY session. it is likely a price is still some way away from the mean , so this may help propel prices up. for about 60-80 pips
as of so far , mean reversion can be used as a good scan for hinting purposes, but it will not be a veto factor in triggering trades. That said, mean reversion can be usually found at tops or bottom and when price has exhausted , which is one of the characteristics of tops and bottoms.