IanMFX

While PA approaching the 2.000, what will PA do ?

FX:GBPCAD   British Pound / Canadian Dollar
If the pricing is approaching much more the 2.000 on this pair, what could happen ? We don't know but here's my analysis of the last time we channeled around that price in October 2007 to end of December 2008. An almost complete year of constant Daily battle.

The more i'm looking at it, the more I see it like a space movie where a ennemy is approaching the quadran limits trying to make an entry into the foreign territory, thus making finally a massive invasion after a final battle. Reminds me of Battlestar Gallactica TV series.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.