Could this get a drop or consolidate ahead of Canadian Jobs data
Price retested broken neckline of a H&S pattern on H4. After the retest, scaling down to the 2hr we price broke structure and is giving more signs for bearish continuation . With the risk on sentiment in the market I wouldn’t be surprised if this pair pushes lower. However, Canadian jobs data later on today could stimulate consolidation for GBPCAD.
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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.