GBPCAD Potential Top

٢٧ سبتمبر ٢٠١٥

The GBPCAD appears to be tracing out a a rather untidy Head and Shoulders pattern after a false break of a channel top that has defined the pair for more than a year. MACD appears to be agreeing with a short trade and the measured target gives a good risk reward criteria. I will wait for a break of the neckline before trading