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Pisces_Investments

Pisces Radar: Sterling Vs. CAD

Long
British Pound / Canadian Dollar (OANDA:GBPCAD)  
Pisces_Investments  
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Technical Indicators
3
0
trendanalysis indicator
Fundamentally, Sterling is set to receive more Rate Hikes in the future as the BOE tries to contain inflation. BOC on the other hand appears to be Dovish for rate hikes through 2023, although the economy does appear to be stabilizing. Technically, this pair is still within a bullish landscape and this chart illustrates a dip between bull runs. I am looking for a stronger Sterling in coming days so I can enter a Long entry when a higher high is present. Bullish Bias for next week.
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