Jennifer looked at the GBP/CAD today here so I thought I’d look at it too.
The pair has a reading of 765 on the Bossilator – that’s a sign that it might want to take a break and fall back a bit. I’m looking for it to possibly drop down just 30 or so pips from where it is right now. Of course, I’d rather sell it on a move upward. So there could be nothing better, in my opinion, than a move up (such as the one that Jennifer is waiting for) and then a sell trade opportunity at that time.
Here is a chart: