hzs
Short

Looking For Short Opportunity on Descending Triangle

FX:GBPCAD   British Pound / Canadian Dollar
Pound on defensive due to political turmoil. However, it is pretty flat across against its peers. Market has not fully price in for the political risk. However I am still bearish on pound. If price break below the support level I will look for short.

Reward to risk for this analysis is 5 : 1

Nevertheless, there is a chance of reversing upwards too. If market break above 1.6723, I will look for long opportunity.
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