GBP/CAD (Is the Short Covering rally about to take place?)

2019년 7월 16일

View On GBP/CAD (16 July 2019)


Currently, We are in a prolonged established downtrend.

But the past few days the market seems to go into the sideway mode and it uses 1.63 as some sort of support.

Watch out 1.636 regions, if the price manages to break and stay above it, we may see some short covering rally. Let's see.


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2019년 7월 17일

노트

Updated On GBP/CAD (17 July 2019)

Our long position got stopped out.
There is no BULL candle at the moment. Let's see.