Get started
Johanes

JLS: GBPCAD Short Target Zone 1.7500-1.6500

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
Johanes Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Beyond Technical Analysis
2
0
trendanalysis beyondta
At current interest rate differential, the medium term target zone trend of the GBPCAD is to downward, and the upward was sterilization. Short the current target zone 1.7500-1.6500 by single tranche too long to wait. However, short from the average monthly high to average monthly low of GBP band or from the average monthly low to average monthly high of CAD band is more feasible to target the 500 PIPs monthly volatility.
Comment:
The S-Curve indicates on how almost all stop losses to be broken for profit for counter parties to trade
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.