mcpeacocks

Potential Cypher on GBPCAD Daily

Short
FX:GBPCAD   Livre sterling / Dollar canadien
This pair has just broken a falling wedge to the upside and is going trhu a nice break out after having been rejected further downside below 1.98 level.
Im looking for completion of the Cypher around the 2.07 level to go short. Stops would go above the 2.10 handle - as this is a major previous SH as well as a psychological level.
Targets at the usual cypher targets at the 0.382 and 0.618 retracements.
good luck.
let me know if you have any adverse or supportive views please!
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