A long setup for GBPCAD

FX:GBPCAD   British Pound / Canadian Dollar

1) Bounce off 200 EMA
2) Bounce off Weekly line at 1.84
3) Bounce off Long term up trendline
4) Bounce off 0.61 Fib Retracement

The only concern is that fundamentally tomorrow
we have tons of news coming for the Canadian dollar .

Technical - Bullish with lots of confluence
Fundamental - bearish for Canadian dollar , therefore bullish for GBP.


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