FX:GBPCAD British Pound/Canadian Dollar
The Pound Basket is in the process of retracing. I have CTLs drawn across my pairs and am waiting for the Uturns to take place. This is the level for Pound Canada that I have drawn. The trade will extend to 1.9733 and the uturn could take place above this level. However, I am looking as deep as 1.8744 and have set an order beginning at that level. Thanks!
Comment: Not on this quite yet, but this level is looking enticing. I need a bull formation and a break of the CTL.