GBP/CAD Fundamentals Driven Trade on H1

Here a long position in GBP/CAD cross pair is presented. I've entered into this position based mostly on the fundamental picture, where CAD already appreciated due to the unexpected rate hike in October which was probably premature and won't be followed by other rate hikes this year, while British Pound is on its way to appreciate due to expected rate hike in November and relatively high inflation (close to 3% on yearly basis).

Comment:

Trade still active.