GBPCAD: Getting squeezed near monthly tops, rising wedge Short

British Pound/Canadian DollarFXCM

Description

⋅ Feb 25, 2024 4:52 PM

Expecting a longer term reversal soon from this pair, based on price action and also fundamentals.

Looking for a sell on LTF around 1.72. If we break and retest the wedge lower boundary we'll be looking at 1.68 and a nice 400pip move.

Trade active

⋅ Feb 28, 2024 5:57 PM