DislikedAlthough I like USD/CAD, my old friend GBP/USD is coming near a level that has been mentioned many-a-time-ago in the GBP thread. The 5350 area.
My zone for this takes into account the May 12, 2009 high (5360) and the 38.2% retracement level (5280). I hate such wide zones but I will look for hopefully a test somewhere in the middle of the zone as close to the 50% as possible before firing off an order.Ignored
USD/CAD was closed out +100.