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Gbpcad Short Pressure Is Seen Clearly

Short
FX:GBPCAD   Livre sterling / Dollar canadien
Gbpcad is looking good to short here as there are following reasons to short it

Reasons:

Trend is bearish

Market moving is downward channel

Moving Averages compression

Market holding at this area for a long time

Market breaks up and then starting to come back down again

Very sloppy vertical upward Trend line

Institutional traders likes these high reward trades




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