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Alex.Singletary

Intraday Trade Idea GBPCAD

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
Alex.Singletary Updated   
FX:GBPCAD   British Pound / Canadian Dollar
2
0
EU TUSK stated "Thursday summit with Canada on trade deal is still possible" I think this would be a good spot to fade Cad against a weaker currency such as GBP or an over extension such as USDCAD 0.41% . Good luck :)

Also notice the bearish divergence building up here on this pair.
Trade closed: target reached:
Bingo!
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