British Pound / Canadian Dollar
Long
Updated

GBP/CAD Bullish

GBP/CAD Has finish a inverse Head & Shoulder Pattern have a strong 4hr support at 1.59406.
You also have a inside bar formation on the 4hr my entry is at top of the dominant bar and stops are at the 50% of the dominant bar. risk to reward is good.

Fundamentally you have consumer price index coming out for the pound which is predicating to be positive.
lets see how this plays out
Trade closed: target reached

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