Currency
Short

GBPCAD 4H DOWNTREND

FX:GBPCAD   British Pound / Canadian Dollar
29 0 2
After a volatile NFP session, the market is making a case for shorting on this pair, which has been on a clear down trend over the past few weeks. It is now consolidating on a lower TF which gives us a great opportunity to anticipate its next move. This is one of the few pairs I'll be monitoring into next week in anticipation of market moving events coming up.
Comment: Nice consolidation right now, making the last impulse down more likely.
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