Eddied01
Short

GBPCAD - Could be very close to a nice short

FX_IDC:GBPCAD   British Pound / Canadian Dollar
1.83510 = .5 Fib retracement
Trend lines from previous highs lining up nicely
Very overbought
But if you look at the RSI on the 8 hr chart there is still plenty of room to go an additional 200 pips (1.84451) since there seems to be no sign of exhaustion in its peaks even though according to price action this is overbought.....so I still see an uptrend here
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@pmifsud, Agreed1.83 to 1.85 still in range
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