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GBPcad to range

Indicators used:Stochastics (default setting)Bollinger bands (default setting)
I am expecting this pair to range or go higher.
Both currencies are strong and currently, there is not much activity on the pair for sometime.
I expect the range action to continue. Forecast price is 1.9022
The weekly chart is showing reversal signs, i expect the cad currency to show more gains in coming weeks and take the pair down.
The stochastic indicator has also crossed down on weekly chart, signalling possible c…
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The USD is looking ready to fall over!

It is very common knowledge that after a range, comes a major trend move. The challenge is placing trades in the right direction. But since we can not see the future, most traders prefer to set pending orders above and below the range, for long and short trades respectively.
Well, after what has been a rather dull 24hours, my short USDSEK, USDNOK Have started showing some movement in profit direction..
looking at the economic data scheduled for release today, the only thing that jumps at me is t…
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