GBPCAD - Rising Wedge just needs a nudge

23 בפבר׳ 2015

The GBPCAD and the CAD crosses in general have probably been a sore spot for most traders looking to take shorts. The GBPCAD continues to press higher in the rising wedge. I'm looking for an aggressive sell below today's candle with a day's corrective movement for profits and if it presses more than lock in those pips!!! Ideally, 1.9000 is a BIG but respectable target and 1.8650 is a strong past resistance level.