TraderTech
Long

$GBP/CAD Approaching Support

FX:GBPCAD   British Pound/Canadian Dollar
17 0 1
$GBP/CAD is falling to a confluence of support with 50 MA, 38.2 retracement and daily cloud support. We can see the pair make a decent bounce here or resume primary trend to new high.

In 1 hour, Canada will issue employment report. A worse than expected result (possible with layoff from oil             drop effect) could be the catalyst to make it rally.

Like to long around 38.2 fib, cloud, and 50 MA.

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