FXT_TL

GBP/CAD Long position ready to enter!

Long
CAPITALCOM:GBPCAD   British Pound / Canadian Dollar
Hello traders,

After an impulsive phase we saw GBP/CAD having some solid retracement.
It started to consolidate and after the fake-out to the downside the pair took our attention.

The pair started to make the move up and retest the area that we wanted to be retested before we could enter.

after the restest and the indicators pointing in the right way, we could enter.

Have a good day.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.