BUY GBPCAD - Swing Trade Idea | By-SmokeFxBritish Pound / Canadian DollarFOREXCOM:GBPCADSmokeFxAcademyThe pound showed enormous strength this past week, which was surprisingly unexpected to most people because the GBP chart looked overextended. But the market only cares about liquidity, and up it went, hunting for buy-side liquidity with good momentum. However, I expect the dollar to start gaining strength against the pound very soon, which is a good thing for this GBPCAD pair. The only hiccup in this trade idea would be USOIL gaining more strength than expected, which could, in turn, give the Loonie strength. Regardless, I am going to trade what I see on the chart simply because it met all the characteristics of a good trade, technically speaking. #GBPCAD SELL TRADE IDEA 1:5 RR Expectation: 1-2 weeks. Manage risk. #NFA