I am taking a long position in GBP/CAD at 1.560 with stops below the lows at 1.5530 and targets of 1.57 and 1.5850. The pair has broken and retested its declining trend line. The RSI was also posting a divergence on both the short and long term charts. This is a follow up analysis from last week where we had indicated potential bottoming in this pair (http:/
Good Luck Trading.
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