Short-term Trading Idea FX GBP/CAD – Bull Speculation: Expected Break in 2.032 Resistance

Posted On 16 Nov 2015

Trading opportunities for currency pair: due to oil prices falling, we should consider a break in the resistance after a bounce to 2.020. If the buyers pass 2.0335 on Monday, keep 2.0500 in your sights. The idea will be valid for just one week and will become invalid at any point if the four-hour candle closes below 2.0150. As things are at the moment:

Source:: Short-term Trading Idea FX GBP/CAD – Bull Speculation: Expected Break in 2.032 Resistance

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