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Corbeau_FX

GBPCAD BULLISH TREND

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Corbeau_FX  
FX:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Supply and Demand Multiple Time Frame Analysis gbpcadlong gbpcadanalysis supply_and_demand Demand Zone institutional institutional_trading smartmoney
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supportandresistance supplyanddemand mtfa gbpcadlong gbpcadanalysis supply_and_demand demandzone institutional institutional_trading smartmoney
HI, I THINK THAT GBP/CAD COULD BE HEADED TOWARD THE UPSIDE. THE PRICE IS OVEREXTENDED TO THE DOWNSIDE = RETRACEMENT/BULLISH TREND START. THE CANADIAN DOLLAR IS ALSO PRETTY WEAK SINCE THE BEGINNING OF JULY & I THINK THAT THE BRITISH POUND WILL REGAIN POWER THIS WEEK. THE H12 DEMAND ZONE IS ALSO LOCATED ABOVE A STRONG DAILY SUPPORT, THAT'S WHY I THINK TO WE COULD SEE A NICE MOVE TO THE UPSIDE FOR THAT PAIR. ON THE COMMITMENTS OF TRADERS REPORT, INSTITUTION ARE LONG ON GBP & SHORT ON CAD.

CORBEAU
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