Another look at GBP strength potential plays, news with the vaccine for britian.
GBPJPY great 4hr continuation last week, lets wait for a pull back on 4hr or if GBP pushes on higher use 1hr bounce.
Where are you looking this monday? Silver? Seems all talks are about and around what reddit WSB are doing.
Price has broken out of the falling wedge pattern, looking for a retest of the previous trend line for momentum to continue to push this pair higher. Horizontal lines are taken off the weekly timeframe.
We may actually be ready to witness the long awaited structure shift on AUDCAD. Price wiped out the double top sellers with that strong liquidity push to the upside as well as trapping more sellers at the ascending channel break. I would assume this is enough for the banks to now create a strong move, we may see a slight pullback before continuation.