GBPCAD: Bear in control?

2020-02-06 10:48:52

After setting the high of the month(Jan 2020) last Fri, it erased all its gain on Mon with a strong bearish close. This bearish move set the tone for the new week. It is further evident when we see a wick showing rejection of the proximal line yesterday. I will be looking to sell the pull back to join the Bears.

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