The GBP is still at the top of the Daily strength meter v CAD which has dropped below the zero line the past 3 days indicating a push up for GBP.
The problem here is that GBP has been attempting the move the past month and keeps being restricted in its advance.
A break and close above 1.7100 should provide clarity to the upside for the time being.
Should GBP start declining on the strength & weakness meter a reversal could be more favourable.
POLITICS !!!!
The problem here is that GBP has been attempting the move the past month and keeps being restricted in its advance.
A break and close above 1.7100 should provide clarity to the upside for the time being.
Should GBP start declining on the strength & weakness meter a reversal could be more favourable.
POLITICS !!!!