GBPCAD Potential Trend Following Short

12 Jul 2016

We have been down on GBPCAD for a while. Forecasting that it will continue, we are approaching a wonderful continuation zone that COULD work out to the down side. A market to definitely be watching over the next few days. Right now we can not truly define the risk on smaller timeframes other then the daily. So we will watch 4 hour and 60 min supply zones until price confirms one of these levels for us.