GBPCAD Long
The sterling is catching momentum against the Canadian dollar. The bank is not expected to raise rates again. Global economies with the exception of China continue in recession or headed towards a recession. There was a sell to buy sweep of a retail channel into a key demand zone. I am thinking we go long from here or take a loss and wait for the next level.
Note
Taking most of the position off. moved to BE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.