SL @ 1.67
P @ 1.6025
bearish big shadow
I put pending order in this trade because fundamentally i think CAD is still more resilient than GBP especially with the recent positive datas from CAD while the recent datas in GBP has been in a downhill.
Both Central banks have dovish outlook but UK obviously suffers more Brexit negative sentiment especially this month will be the month to trigger Article 50.
Meanwhile, the datas and the oil market continue to support CAD and once the BOC negative sentiment faded, we should still a strong fundamental bias in this pair.
I put at 1.65 psychological level.