GBPCAD: 140-Pip Range Delays 1,500-Pip Reversal

Nearly two weeks ago on July 2nd, I pointed out a massive 1,500 pip reversal pattern on the GBPCAD. The only problem is, the structure was far from confirmed.

And while the pound cross is still hovering nearly 200 pips above the suspected neckline, the pending head and shoulders pattern is one st…

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