Hello Guys,
In this video i show the areas where i am looking for a long on gbp cad. GBP has been strong post brexit and i expect the strength to continue. I expect cad to get some strength from the bullish bias in oil but i dont think the strength will be enough to pull GBPCAD to lower levels. In addition to the strong trend from uk's election in December the pair has also had very strong fundamental data from the uk hence i would like to stay on the safe side and only look for longs on GBP pairs since this is likely what big money is doing since it logically makes-sense
In this video i show the areas where i am looking for a long on gbp cad. GBP has been strong post brexit and i expect the strength to continue. I expect cad to get some strength from the bullish bias in oil but i dont think the strength will be enough to pull GBPCAD to lower levels. In addition to the strong trend from uk's election in December the pair has also had very strong fundamental data from the uk hence i would like to stay on the safe side and only look for longs on GBP pairs since this is likely what big money is doing since it logically makes-sense