Home GBP/CAD Price Analysis: Bearish conditions ripen for another short
FXStreet News

GBP/CAD Price Analysis: Bearish conditions ripen for another short

Developing story

GBP/CAD has been a waterfall trade since losing the 1.7480s.

1HR chart

The price offered a textbook trade setup yesterday and is on the verge of providing the same opportunity in real-time at the time of writing. 

What follows will be an example of how to enter a correction on an impulse for a high probability a favourable risk to reward setup…

More to come…

 

 

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.