This is the follow on video to the post i just made that explains why I went short on GBP/CAD.
My manual post is linked below and is the post, I will likely update as this trade plays out.
Give me a like and leave a comment with your thoughts.
Thanks
The Pound Sterling has been trading in a long-term channel up against the Canadian Dollar since September, 2017. During this rally, Sterling reached a new high at 1.7659.
The currency exchange rate has breached a resistance cluster set by the monthly pivot points and the 55– and 100– hour SMAs, as it can be observed in the chart.
The GBP/CAD pair is likely to...
