barry_fxtrader
Short

GBPCAD Short Scenario

FX:GBPCAD   British Pound/Canadian Dollar
Here is simple trend continuation analysis on GBPCAD             . Dependent on P.A. at the trend line we could look for a valid entry point and candlestick formation.

If however, P.A. breaks above the descending trend line price could rally all the way up to 1.8550. Either way there is a lot of pips here to bag.

Targets are bases on simple fibonacci levels and trend trading.

Trade safe!
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