Hello guys,
In this video i am looking for further weakness to the GBP pair. I was already in a trade from last weak and i am looking for further weakness. The current trade i have already locked in profit. If i could get a pull back on the pair or a break of support that will further add validity to the trade. I see the gbp getting further weakness from the just concluded brexit, corona virus and the upcoming trade deals that they have to negotiate with many countries. In addition, we expect to see oil cuts from opec or "tankers being attacked" to reduce the supply of oil since oil has been extremely cheap. This will give strength to the cad further driving the gbp/cad pair down to lower levels.
In this video i am looking for further weakness to the GBP pair. I was already in a trade from last weak and i am looking for further weakness. The current trade i have already locked in profit. If i could get a pull back on the pair or a break of support that will further add validity to the trade. I see the gbp getting further weakness from the just concluded brexit, corona virus and the upcoming trade deals that they have to negotiate with many countries. In addition, we expect to see oil cuts from opec or "tankers being attacked" to reduce the supply of oil since oil has been extremely cheap. This will give strength to the cad further driving the gbp/cad pair down to lower levels.