FX:GBPCAD British Pound/Canadian Dollar
In my previous post on GBPCAD (link below) i described a pattern which worked very well, and now we face another potential high probability buy setup. Price has broken a medium term downtrend and it looks like it's consolidating. In this case we should wait for this correction to be over and buy the market. For a much better risk reward ratio setup we may wait for another smaller degree pullback as shown at the chart.