FX:GBPCAD   British Pound/Canadian Dollar
52 2 3
I really don't see this going any higher this week. I will most likely wait for a re-test tomorrow before jumping in.

There is some bearish divergence just not 100% Friday's 4HR close.

Target one would have been hit if I had stuck to my original plan. Due to recent market conditions my stops are very tight. If you took this trade pat yourself on the back.

Good luck.
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OK this has been cancelled. Pfizer news this morning caused a rally and the pound will be in high demand given that this could be the largest takeover of a UK firm by a foreign company.
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