JBos

JBos

GBP/CAD broke flag. First a bounce is expected at 1.70-1.71. Then upwards. At long term TP's are 1.74, 1.77 and 1.80. SL at 1.68. Then it is a false breakout and GBP/CAD will return in the downtrend.

JBos

Since July this year AUD/CAD is in an downtrend channel. Likely, it will touch 0.93 and go down to around 0.90-0.905. AUD had some up movement because of lower oil price. (CAD red line at currency indicator, AUD green line)

JBos Updated 

Outbreak of triangle could be nice medium/long-term trade. TP1: 1.9400 TP2: 1.9800 TP3: 2.0400 SL: 1.8800