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libertasrei

GBPCAD potential bounce near monthly support

British Pound / Canadian Dollar (FX:GBPCAD)  
libertasrei Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis GBPCAD
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trendanalysis gbpcad
GBPCAD is falling with a strong ADX. Previously, there have been buyers at lows slightly above the monthly support. Since the monthly support of 1.6580 is strong, I reckon it should hold before, a pullback occurs. My idea is that you buy near the demand zone charted with a SL at the monthly support, then you take profit at the daily pivot.

Comment:
I hope you entered the pullback.
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