Thursday Market Analysis: GBP/CAD

Hello traders,

let’s hit them charts:

 

1. GBP/CAD

GBPCAD chart

A sell opportunity can be seen on the GBP/CAD.

If the close of the daily candlestick gives us a clean breakout, we may most likely see a 100 pips drop to NPSZ.

However, if we do not get a breakout, then I will be sitting on the sidelines.

 

What say you?

 

NOTE:

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