GBPCAD Bullish Signals At Channel Bottom

I haven’t been posting much sorry, I am working on projects on the back end and it gets intensly demanding for time.

Here is a nice chart today, the GBPCAD 8 hour showing heavy bullish rejection of the channel bottom.

This is strong evidence that we are likely to get another cycle of the channel – a move back up to the chan structure top.

These rejection candles offer a nice framework to build a trade around and there is a chance we might get a retracement price here also.

GBP had a burst of volatility last session… so that could fuel some good follow through.

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