GBPCAD short in the making
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GPBCAD made a nice re-tracement during London session on 12 August 2019.
Price is now a a key level where the professionals are busy with distribution.
On Tuesday it is expected that the GBP red and medium news releases will add to the short momentum of price.
Price is now a a key level where the professionals are busy with distribution.
On Tuesday it is expected that the GBP red and medium news releases will add to the short momentum of price.
Nota
Price is now busy working the 960 area...All things considered, it seems like the market is expecting negative news on the GBP today...well, anything is possible.Nota
It's 30min before the GBP red news release and what are the professionals doing? They are buying....how peculiar is that? Or..are they perhaps building short positions? We will just have to wait and see.Dagangan ditutup: hentian tercapai
Well, this idea breached the 630 price level and is now no longer viable. Onto scanning for the next opportunity
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