GBPCAD Short

Por aiza_belle
Actualizado
Despite recent bearishness of CAD and oil, and BOE rate hike for GBP, going short on GBP pairs still in general to continue pricing in risk in Brexit on March 2019, as well as the less likelihood of another BOE rate hike within the year. Setting sell stop order with TP @1.67134 and SL near 1.70. Must monitor closely esp when price reaches 1.68229 (the immediate weekly support) and start showing signs of reversal.

poundsterlinglive.com/gbp-live-today/9609-sell-the-pound-ahead-of-boe-interest-rate-decision-say-nordea-markets-as-it-won-t-actually-raise-rates

Daily:
imagen

Weekly:
imagen

Confidence: A (but must close the trade before CAD trade and US NFP news tomorrow)
Operación cerrada manualmente
Manually closed before NFP news; will re-enter later or next week.
Bearish PatternsBeyond Technical AnalysisCADChart PatternsGBPGBPCADpriceactionshortTrend Analysis
aiza_belle

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