rollingpotato

rollingpotato

The GBPCAD is currently situated within a key support zone. Despite the prevailing downtrend, the pair appears to be in oversold territory. This suggests a potential upward reversal or bounce in the near future.

rollingpotato Updated 

Potential sell as trying to breach 107.3 resistance area. Looks like a double top as well.

rollingpotato Updated 

Will open for a long for a quick SMA bounce play if the candle holds.

rollingpotato Updated 

Waiting to short once the upper channel line is breached.