Based on the COT, CAD is hinting bearish upcoming strength while GBP remains neutral.
The GBP started to have a bullish run, combined with the CAD bearish potential, this pair could break the current triangle pattern to the upside.
I always remain a little more conservative, expecting the pair to fall a bit more before running to the upside.
The GBP started to have a bullish run, combined with the CAD bearish potential, this pair could break the current triangle pattern to the upside.
I always remain a little more conservative, expecting the pair to fall a bit more before running to the upside.