GBPCAD Short

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Despite recent bearishness of CAD and oil, and BOE rate hike for GBP, going short on GBP pairs still in general to continue pricing in risk in Brexit on March 2019, as well as the less likelihood of another BOE rate hike within the year. Setting sell stop order with TP @1.67134 and SL near 1.70. Must monitor closely esp when price reaches 1.68229 (the immediate weekly support) and start showing signs of reversal.

poundsterlinglive.com/gbp-live-today/9609-sell-the-pound-ahead-of-boe-interest-rate-decision-say-nordea-markets-as-it-won-t-actually-raise-rates

Daily:


Weekly:


Confidence: A (but must close the trade before CAD trade and US NFP news tomorrow)

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تم إغلاق الصفقة يدويًا

Manually closed before NFP news; will re-enter later or next week.