James_1_

looking for a break to the upside.

Panjang
FX:GBPCAD   Paun British / Dolar Kanada
My views on this pair are that we are still daily holding the lower trend line, Were almost just ranging at the moment waiting for the break ideally. As of late we se price come down and hold at more of a mid point rather than just come back down to the trend line. We already had a strong push off this level previously and now at most current we look to be forming a morning star candle formation. we are more into an expanding wedge pattern on this daily time frame but how much longer will this keep going. From the current point i would expect price to rise from here to again at least re test the upper trend line.
Penafian

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