FX:GBPCAD   British Pound / Canadian Dollar
Good opportunity to get in long on this pullback as the resistance turned support lines up with the trendline. Wednesday is an important day for GBP because the average hourly earnings data will be coming out and the BOE said they.ll be concentrating on this data and this will determine weather or not they are gonna hike rates within 12 months. Labour data has been good recently so im confident the data will come out better than expected. This is a great opportunity to get in ahead of Wednesday

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.