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
1.3087 #target 1.3713
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
