As the chart clearly states, we see that that the market has been making upwards movements since about the middle of July. The trend structure I drew is a fall ng wedge and as we know falling wedges most often than not eventually break out to continue the original trend of the market(in this case its bullish).
Lastly I drew out a structure which the market has been respecting and we can see that it has just been retested. So with all of this confluences we can expect buys from the GBPCAD from hereon.
Lastly I drew out a structure which the market has been respecting and we can see that it has just been retested. So with all of this confluences we can expect buys from the GBPCAD from hereon.
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