GBP/USD VS USD/CAD Averages and Targets

GBPUSD 1.3520 V USDCAD 1.2779 Closes or Whopper 741 Pips Spread.

Says Market at extremes. I’ve seen 1100 spreads but extreme rare day.


How to #trade both? By #Averages

As GBP trades lower then CAD trades higher to alleviate the massive spread

#GBP
5 Day `1.3490 #Target 1.3576

10 Day 1.3404 #target 1.3542

20 Day 1.3389 #target 1.3505

50 Day 1.3276 #Target 1.3432

100 Day 1.3099 #Target 1.3314

200 Day 1.2955 #Target 1.3260

253 day 1.2840 #Target 1.3205

#CAD
5 Day 1.2740 #Target 1.2769

10 Day 1.2757 #Target 1.2787

20 Day 1.2817 #Target 1.2731

50 Day 1.2974 #Target 1.2818

100 Day 1.3106 #target 1.2925

200 day 1.3255 #Target 1.3018

253 Day 1.3396 #Target 1.3032

#GBP Overbought, #CAD Oversold

#trade both, not just 1 #currency

#USDCAD 5 Year #Average
1.3180, #Target 1.2790 achieved

#GBP 5 year #Average

1.3087 #target 1.3713

#GBPUSD Vs #USDCAD

Crossover 1.3180 vs 1.3095 Area
Crossover means significantly Higher #USDCAD and Miles lower #GBPUSD

Crossovers not ready yet

GBP/USD big High / Low Break for week 1.3207

USD/CAD Big High / Low Break for week 1.3006

USDCAD Close 1.2779 or 227 pips from 1.3006

GBP/USD Close 1.3520 or 313 pips from 1.3207

Trading crossovers short term 1.3206 V 1.3006 or 200 pips

Brian Twomey

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