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Life_In_Forex
Dec 12, 2021 4:20 PM

GBPCAD Long Long

British Pound/Canadian DollarFXCM

Description

GBPCAD closed its weekly candlestick by rejecting back into range despite being bearish, we expect this to follow back up into range over time when we see a rejection above the level mentioned. Momentum Meter shows CAD losing strength on higher timeframes and GBP gaining strength.

R:R 2:2:1

GL.
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