GBPCAD is at the end of a move! Market conditions line perfectly up with upcoming News. Volatility is expexted!

  • Market made significant 5-Wave impulsive move to the upside
  • Currently we finished Wave 5 of the upside movement which took place for the last months
  • Market made a 5-Wave move in the channel
  • Yesterday it made an attempt to break above the recent high but failed to do so

  • We got a classic fake breakout and finished wave 5 of Wave 5!!




Have a look at the longterm perspective to gain understanding of the current market conditions:

snapshot



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