GBPCAD STILL BEARISH

Updated
JUST my opinion
follow with your own risk
Gbp fundamental still bad
and canada fundamental is good
Trade active
Annual inflation rate in the UK increased to 6.2% in February of 2022 from 5.5% in January and above market forecasts of 5.9%. It is the highest inflation rate since March of 1992, as rising cost of energy and food continues to squeeze the living standards. Biggest price increases came from transport (11.5% vs 11.3% in January); furniture and household equipment (9.1% vs 8.4%); clothing and footwear (8.9% vs 6.3%); housing and utilities (7.2% vs 7.1%) namely electricity, gas and other fuels, and owner occupiers’ housing costs; and food (5.1% vs 4.3%). On a monthly basis, consumer prices jumped 0.8%, the biggest increase since 2009, and reversing from a 0.1% drop in January.
Note
close a half, and use railing stop
Trade closed: target reached
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