Snick3rSD

GBPCAD - Long from discount zone ✅

Long
FX:GBPCAD   Livre sterling / Dollar canadien
Hello traders!
‼️ This is my perspective on GBPCAD.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long from discount zone. I want price to continue the retracement and then to reject from bullish order block + institutional big figure 1.70000.

Fundamental analysis: On Friday will be released monthly GDP on GBP, which was forecasted to increase, this means strength of currency, which will support our analysis.

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