Long Position - After a strong push to the downside (correction) for the Bull run we just had. There's potential for a now higher low - we saw the higher high. so could expect some strength to the North.
HeatMap has it's OBV oversold which adds to the potential for a long position here - even just for the short term.
Disclaimer
This idea does not constitute...
I am a strong seller on the GBPCAD today as well as other GBP pairs. The GBP has clearly shown no sign of recovery in the near future. Im selling this one. Check out my analysis and I would love your feedback. Happy trading