workingtraders
Short

$GBPCAD - Oil strength looming + Possible Hike Delay

FX:GBPCAD   British Pound/Canadian Dollar
99 0 1
Price action in this area is showing strong sellers.

We also have the spill over effect from eur neg rates looming w/ many analysts suggesting hike may be delayed due to that.

Price action on oil             suggest buyers are stepping in this area.

Best to wait for a catalyst before entering.

Red Zone makes resistance levels
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