BlueberryMarkets

GBPCAD AT MAJOR DEMAND ZONE

Long
FX:GBPCAD   Livre sterling / Dollar canadien
We are keeping our eye on GBPCAD as the price is at a major demand zone. GBP was one of the strongest currencies
last week and CAD the weakest despite being one of the best performers against the USD. That being said
price formed a bullish engulfing candle off the major demand zone where we could see the price rise into the key structure of
1.6994 before moving higher.
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