YGForex

Strike it down.... GBPCAD Lighning Bolt Movement!!!

Short
FX:GBPCAD   Livre sterling / Dollar canadien
Interesting movement by GBPCAD so far. We could see a potential head and shoulder pattern forming with price level at a upper band which gives us a good potential to short this pair. If we could see this price breaking its trend support level we could see it moving down to the support level @1.6720 with a possible retest to that support level before a fall. Forming a nice lightning bolt pattern which could pose great danger to GBPCAD as it head towards the south.
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