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Northernwave has taken 4th place in Trader Contest Nov 2016

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GBP/CAD forecast

GBP/CAD: 1H chart
Upside momentum looks greater than the downside channel potential. I would expect that it will reverse the current downward channel and revise the monthly high within this month.
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USD/CAD forecast

USD/CAD: 1H chart
Time to correct. With the strong down trend, it is likely to correct a day or two for the another down leg. I would bet it will retrace to above 1.3200.
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