Thu, 13 Apr 2017 13:01:16 GMT
GBP/CAD 4H Chart: Channel Down
On a massive scale the Pounds movements against the Canadian Dollar are being dictated by the Fibonacci retracement levels, which are measured by connecting the 2016 October low and 2016 August high levels. However, most recently the currency exchange rate has revealed that on a smaller scale there are two simultaneously active channel down patterns, which are guiding the pair