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GBP/CAD exchange rate might edge lower within next week trading sessions…….

 

GBP/CAD Targets A 9-Month Highs

The GBP/CAD Soaring high to target 9-month highs,close at a current price of 1.74142 at the end of the trading week on Friday…..Price pushing ahead to touch a strong  resistance zone of a 9 month high of 1.78029….we expect price to retest to 1.72000 area before breaking our trend line to touch our target………….. The British Pound has been lifted by strong odds of a Conservative party majority at the December 12th general election. Meanwhile, the Canadian dollar has been under pressure amid rising rate cut expectations. Due to the market perception that a Conservative victory will most likely dispel the uncertainty surrounding Brexit. The steady performance by Johnson at the debate helped to underpin the British currency. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are […]


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