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British Pound / Canadian Dollar
Short

GBPCAD mid term idea

By jessi061
Updated
Signs of a no-deal Brexit rising and/or stable government outcome from the Canadian should bring GBPCAD on bear side for the short term at least. In that case, a break below monthly pivot r2 may be some case which we may see in the near future.
Note
October 31 will be extended for a small-time period. PM Johnson can blame the opposition for mucking up the schedule. The EU is in no hurry. Is it 10 days or 3 months? Can it get done in 10 days? Who knows.
Note
Pound on the defensive on election talk. Election talk and broader US dollar strength are weighing on the pound.
Beyond Technical AnalysisbeyondtechnicalanalysisGBPCADgbpcadshortTechnical IndicatorslooniepoundTrend Analysis
jessi061

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