chazhall54
Long

2016-11-27 GBPCAD continuation

FX:GBPCAD   British Pound/Canadian Dollar
20 0 5
Since price has not made a lower low and the first swing high after a major retracement was pretty strong, I believe we are in a continuing uptrend, with maybe 2 more swing highs that will end around 1.73 or 1.75.

The last uptrend was roughly 908 pips. I believe the next move will be a measured move of a similar amount or more before price returns to clear the stops made from this uptrend.

Target 1 has already been reached (1.27%), So lets hope it keeps going.
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