The pair rose nicely many sessions ago, and managed to be above 1.73 handle. Now we are gravitating below GANN resistance @ 1.7298 area, and we are negative overall. I feel 1.7010 will be attracted again, and this coupled with steady OIL price, may support this viewpoint.
Strategy SELL @ 1.7190-1.7250 and place stop-loss above 1.7345 for now. The profit order I suggest @ 1.7067 (to leave some GAP).
Strategy SELL @ 1.7190-1.7250 and place stop-loss above 1.7345 for now. The profit order I suggest @ 1.7067 (to leave some GAP).
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GBPCAD-NEUTRAL
peterbokma
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