After falling nearly 500 pips in late July, the GBPCAD is setting up for what looks like a lot more downside.
The pair has been consolidating since the 30th of July and I'm eagerly awaiting a close below the lower supporting trendline, with a view to short.
The pair has been consolidating since the 30th of July and I'm eagerly awaiting a close below the lower supporting trendline, with a view to short.