AlkalineFX

GBPCAD: Stuck at Structure

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FX:GBPCAD   英鎊 / 加元
This pair is utilising the previous supportive region as new resistance, price seems to be stuck.

The indecision is creating buying and selling pressure in the consolidation zone.

Personally, I would like to see a sell from here to lure more shorts into the market before we bounce at the low for long term buys to break the key structure.

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