IvanLabrie
Short

GBPCAD: Easy short at market

FX:GBPCAD   British Pound/Canadian Dollar
294 0 16
GBPCAD             has a good setup to enter shorts and aim for a retest of the flash crash low, it's right at resistance and coiling in the short term, to form a rapid decline very soon. It's also a good proxy to ride a USDCAD             retracement, on the back of rising oil             , whilst also profiting from the weak Pound, which will see relentless selling in the intermediate term.

Good luck!

Ivan Labrie.
Comment:
snapshot
Comment: Check out $GBPCAD:
snapshot

it did fall by London open, then retested the downtrend mode in 1h
now down again.
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