GBPCAD : Bulls Could Push Price Higher

Long

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

eurcad elliottwaves correction impulsive

GBPCAD is trading perfectly higher this week after a completed wave (ii) at 1.9850. We see a nice impulsive upward move that appears very strong so we believe that uptrend will continue after any corrective set-back. We will be tracking wave ii pullback that can be looking for a support at 2.0330; at former swing high.

Elliott Wave Service
👉 www.wavetraders.com
👉 Newsletter Sign up: bit.ly/3FVPVzO

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.