The continuous rise seen on GBPCAD over time is mostly due to a dovish BOC, ahead of the BOE on easing.
The BOE has issued various comments into the London session today, adding weakness amongst of inflow/outflow/geopolitical risk factors.
No real longs until 100MA.
The BOE has issued various comments into the London session today, adding weakness amongst of inflow/outflow/geopolitical risk factors.
No real longs until 100MA.
Trade active
Still no major longs. Weakness to upside persists.
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Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.