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UnknownUnicorn552694

Short GBPCAD (Counter-trend trade)

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
UnknownUnicorn552694  
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Technical Indicators Moving Averages
1
0
trendanalysis indicator movingaverage
Price has made a pretty good rally and signs of weakness near the previous highs. (Bearish shooting star formed/ bearish divergence)

Trend is definitely still UP but price looks ripe for a pull back to maybe 1.6350?
Preferable to trail with a TIGHTER stop due to this trade being counter-trend.

GBPUSD looks weak and I'm actually bearish on USDCAD.

Cheers and good trading!
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