GBPCAD potential bounce near monthly support
Updated
GBPCAD is falling with a strong ADX. Previously, there have been buyers at lows slightly above the monthly support. Since the monthly support of 1.6580 is strong, I reckon it should hold before, a pullback occurs. My idea is that you buy near the demand zone charted with a SL at the monthly support, then you take profit at the daily pivot.
Comment
I hope you entered the pullback.Disclaimer
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